
In the last three months, AUDUSD traded in a tight range between 0.66 and 0.68. The bulls want to continue despite a stronger dollar and China’s disappointment. What is it that helps them? We’ll discuss this topic, and create a trading strategy.
Monthly Australian dollar Fundamental Analysis
What drives the Australian Dollar? China’s economic recovery? The opposite is true, however, as evidenced by the weak data on China’s industrial production, retail sales and investment. Does the RBA’s helping hand continue to raise rates? The weak jobs data in Australia may suggest a pause for June. Is it… Read full author’s opinion and review in blog of #LiteFinance
Continue reading…