AUDUSD Something Interesting to Pay Attention To.
AUDUSD seems to have its bad day coming.
Fundamentally, I don't favor the idea of an Aussie's economy recovery in the near future, especially after China had turned the table.
In addition, USD Index is at its bottom, I'm of the opinion that USD is finding its way up.
And hence, I'm bearish bias about the Australian Dollar.
Just my humble opinion. Any comments will be much appreciated.
Fundamentally, I don't favor the idea of an Aussie's economy recovery in the near future, especially after China had turned the table.
In addition, USD Index is at its bottom, I'm of the opinion that USD is finding its way up.
And hence, I'm bearish bias about the Australian Dollar.
Just my humble opinion. Any comments will be much appreciated.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.