Aussie Dollar firmly back into the 70s

Only a few weeks ago, as we rested on 69c, analysts were lowering their forecasts to 50c. Whilst I’m not saying we won’t get there I am saying that near-term price action says buy so we can shelve the Armageddon forecasts for now.

About the Author
The mission of ThinkMarkets is to facilitate foreign exchange trades in a secure and stable operating environment. We are dedicated to providing industry-leading technology to the international trading community and we strive to deliver educational tools and resources that enable traders to further develop their trading skills. ThinkMarkets is committed to upholding the trust and confidence of our clients by adhering to transparency policies and providing unrivalled customer service. Visit ThinkMarkets

Leave a Reply