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Australian Dollar Technical Forecast: AUD/USD, AUD/JPY, EUR/AUD – DailyFX
It was a week of strength for the Aussie, as AUD set fresh highs against all of the US Dollar, the Japanese Yen and the Euro.
Australian Dollar Technical Forecast: Bullish
It was a forceful show of strength for the Australian currency this week as AUD hit fresh yearly-highs against the major currencies of USD, JPY and the Euro. In a backdrop where loose for longer rules the day, the hues of optimism around Australia have helped to bring buyers to the bid, driving the currency so far for much of early-2021 trade and, bigger picture, since the pandemic lows were set last March.
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