The worsening COVID-19 situation in Australia continued weighing on the aussie. The AUD/USD pair plummet to fresh multi-month lows during the early NY trading session last Friday. However, we are expecting a rectracement to 50-61.8 fib. level.
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.