-
AUD/USD: Continues to March Towards 0.68
The AUD/USD experienced an initial pullback during Friday's session but then quickly reversed course, displaying signs of vitality. In simple terms, this suggests that the market is likely to continue its upward trajectory. Traders are factoring in the idea that the Federal Reserve will reduce interest rates through 2024, which is contributing to the positive sentiment. When we analyze the technical aspects, they align with this perspective. In the previous session, the market surged significantly, and now it appears to be gathering further momentum. However, it's important to bear in mind that the holiday season ... (full story)