AUD USD - long term to 0.80
Updated
Must bypass 0.76 hurdle first.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie.
Remember any bearish news on the world will see a rush to the USD, however with the US attempting to remove the safehaven asset for investors, expect a good move for the Aussie to see bullish movements.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie.
Remember any bearish news on the world will see a rush to the USD, however with the US attempting to remove the safehaven asset for investors, expect a good move for the Aussie to see bullish movements.
Note
This is a long view upon a short term analysis - we will breakdown the chart to a daily view and weekly for 2021.
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