Aussie ready to fall?
A combination of the strong greenback, the impact of a weakening Chinese economy and struggling domestic growth are punishing the Aussie dollar on the currency markets. It has been hovering around 62 US cents over past weeks, but recently slumped to 61.32 US cents - almost a five-year low. Then, we had a pullback to 0.64119. Bt this happened after a consolidation range, so are we ready to drop more?
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.
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.