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AUD/USD Forecast: Falling Commodity Prices to Weigh on Aussie

Posted by: Forex Crunch in Forex Analysis 9 days ago

AUD/USD pushed slightly higher after Governor Lowe’s hawkish comments. The pair is being weighed down by falling iron ore prices. In the charts, AUD/USD is caught in a triangle and could break out to the lower side. The AUD/USD forecast remains neutral as the pair closed Monday on a bullish candle, pushing slightly higher today … Continued
The post AUD/USD Forecast: Falling Commodity Prices to Weigh on Aussie appeared first on Forex Crunch.

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