AUD/USD holds the upside around 0.7850 on mixed Australian data
AUD/USD keeps its bullish consolidative mode intact around 0.7850 despite mixed Australian Retail Sales and NAB Survey. Risk appetite strengthens as equities, gold cheer NFP’s miss, which hammered the US dollar.
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SPECIAL WEEKLY FORECAST
Interested in weekly AUDUSD forecasts? Our experts make weekly updates forecasting the next possible moves of the aussie-dollar pair. Here you can find the most recent forecast by our market experts:
Central banks stubbornly decided to maintain ultra-loose monetary policies. Major economies are finally seeing the light at the end of the pandemic tunnel. AUD/USD is at a brink of turning firmly bullish, eyeing a possible test of 0.8000.