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Australian Dollar Technical Outlook: 2020 High Within Striking Distance, More to Go? – DailyFX
The Australian Dollar continues to drive higher on improved market sentiment. AUD/USD is quickly approaching its 2020 high. Bearish RSI divergence from the prior…
Australian Dollar Forecast, AUD/USD, Technical Outlook – Talking Points
- Australian Dollar drives higher on upbeat market sentiment
- AUD/USD price at multi-year highs following solid weekly gain
- Bearish RSI divergence since last high unlikely to dampen rally
The Australian dollar moved higher for a fourth consecutive week against the US Dollar. AUD/USD rose over 1% this week following an increasingly positive economic outlook. Along with vaccine news boosting sentiment, China posted the sixth month…
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