- The Latest Australian Dollar Forecasts from the Big 4 Banks
- Australian Dollar
- 7 days forecast
- AUD/USD - Australian Dollar US Dollar
The Australian currency moved alongside equities, as Asian indexes closed in the red, but European and American ones advanced, the latter on the back of encouraging US data. However, chances of further advances seem limited.
The Latest Australian Dollar Forecasts from the Big 4 Banks
In the 4-hour chart, the pair is trading around a directionless 20 SMA, while technical indicators advance within neutral levels, with the RSI already losing momentum. The pair could extend its advance on a clear break above 0. Support levels: 0.
Benzinga does not provide investment advice. All rights reserved. The Australian dollar did break down a bit on Thursday but has since recovered. Live Forex Updates.
Australian Dollar
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7 days forecast
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AUD/USD - Australian Dollar US Dollar
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