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AUD/USD Forecast October 15-19

From forexcrunch.com

After last week’s sharp drop, the AUD/USD enjoyed a quiet week, as the pair moved up slightly, closing the week at 1.0230. The upcoming week has seven events. Here is an outlook of the Australian events, and an updated technical analysis for AUD/USD. Positive Australian employment numbers and a surprisingly strong Chinese GDP helped the aussie make a push towards 1.03, but the pair coughed up most of these gains by the end of the trading week. Home Loans: Monday, 00:30. After disappointing numbers in August, the markets are expecting better numbers for September, with a forecast of 1.4%. New Motor Vehicle Sales: ... (full story)

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