After a very remarkable drop, i believe the AUD is going back up. it might even make new highs.
My target may look a bit ambitious, but lets not forget how trendy the AUDUSD is. On the daily chart, the pair has broken out of its range, with a very strong tendency to climb higher.
On the weekly chart, this is our 2nd bullish week, chances of the pair climbing higher are very high. With its correlation with gold, alot could happen.
My target may look a bit ambitious, but lets not forget how trendy the AUDUSD is. On the daily chart, the pair has broken out of its range, with a very strong tendency to climb higher.
On the weekly chart, this is our 2nd bullish week, chances of the pair climbing higher are very high. With its correlation with gold, alot could happen.