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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
