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Home / Forex Analysis / AUD/USD Weekly Forecast: Data Led Gains Fade Below 0.72, Eying Fed

AUD/USD Weekly Forecast: Data Led Gains Fade Below 0.72, Eying Fed

Posted by: Forex Crunch in Forex Analysis January 21, 2022

The Australian employment and inflation data were better than expected in December. The focus is now shifting to the upcoming US rate hike by the US Federal Reserve. Technically, the AUD/USD pair may soon resume its long-term decline. The AUD/USD weekly forecast is bearish as the pair closed below 0.7200 remained almost unchanged for this … Continued
The post AUD/USD Weekly Forecast: Data Led Gains Fade Below 0.72, Eying Fed appeared first on Forex Crunch.

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