The Australian dollar fell during the day, and found the buyers closer to the 0.7650 level. I think that the market is still in a very strong uptrend, and
The Australian dollar fell during the day, and found the buyers closer to the 0.7650 level. I think that the market is still in a very strong uptrend, and we will eventually find buyers. The lower we go, I think the more interested people will be in picking up value, and of course you must pay attention to the gold markets as they are so influential on this pair. If we can break above the 0.7750 level, the market then will reach towards the 0.80 handle. This is apparent that I have no interest in selling anytime soon.
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.
