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AUD/USD Forecast: Increased bearish potential in the short-term – FXStreet
The Australian dollar edged lower against its American rival last week but held not far from the multi-year high set at 0.7413. In fact, the pair clo
- Australia will publish this Monday the AIG Performance of Services Index for August.
- US employment data and falling equities put the pair under pressure on Friday.
- AUD/USD corrective decline could continue this Monday, but bulls retain control.
The Australian dollar edged lower against its American rival last week but held not far from the multi-year high set at 0.7413. In fact, the pair closed Friday unchanged in the 0.7280 price zone, despite generally encour…
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