Ali yazdekhasti Profit This Year:
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AUD/USD Weekly Forecast: Bulls may have missed their chance
The AUD/USD pair seesawed between gains and losses to end the week pretty much unchanged around 0.7730. Ever since the year started, the pair has been developing in a quite shy range of 450 pips, although it managed to post a two-year high of 0.8006 in between. Â The Australian currency should have come out stronger in the pandemic if it was not because of China. Â Tensions between both countries, with the first pressuring to discover the origins of covid and the latter banning imports from the commodity-producer country. Why is the AUD/USD not above 0.8000? Still, Australia is bearing quite well with the loss of ... (full story)