The AUD/USD is set for a medium to long-term epic rally.
AUDUSD Since I began trading forex in 2008, I have focused extensively on the Australian dollar. Over the years, I have developed a profound understanding of this currency and the behaviors of its market participants. It is well-known that different currencies exhibit unique characteristics due to the distinct nature of their traders. The varying behaviors of these participants ultimately shape the currency’s inherent traits.
My deep knowledge of the Australian dollar's unique characteristics has enabled me to capitalize on its movements. In 2021, I achieved an extraordinary 10,000% annualized return by trading AUD-related currency pairs, thanks to my unconventional analytical framework.
At the current exchange rate, the AUD presents an excellent buying opportunity. We are witnessing directional capital flows in the market, a crucial indicator of a medium to long-term trend. I predict that the AUD/USD will reach the key level of 0.8 by the end of this year or early next year, and this rally is expected to unfold rapidly.
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