The AUD/USD pair had a somewhat volatile week but we ended up settling on a red candle. That being the case, the market looks as if it going to try to
The AUD/USD pair had a somewhat volatile week but we ended up settling on a red candle. That being the case, the market looks as if it going to try to break down a little bit from here, but quite frankly there is support just below, so ultimately it’s more or less going to be a market that we have to deal with on a short-term chart, not a longer-term chart. The negativity will more than likely continue, but we are not looking for any type of massive move at this point.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
