AUD/USD absolutely sat still during the session on Tuesday as the markets had a very quiet day. The next few sessions could be very quiet, and as a result
AUD/USD absolutely sat still during the session on Tuesday as the markets had a very quiet day. The next few sessions could be very quiet, and as a result some pairs simply won’t move. The Aussie is sensitive to bad economic news obviously, so there is always the possibility of a shock to the system, but more than likely this pair will continue to trade in the recent consolidation area between 1.02 and 0.99 going forward.
AUD/USD Forecast December 28, 2011, Technical Analysis
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.
