While EUR & GBP continued to tumble against USD in recent weeks, AUD remain resilient and we are seeing some buying interest developing on AUDUSD, as this pair continues to go higher. While USD is currently number one choice of any trader, the sentiment could somehow change after Friday's weak NFP numbers.
So here are my technical analysis and projected price action on AUDUSD for coming week.
So here are my technical analysis and projected price action on AUDUSD for coming week.