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Australian Dollar Technical Forecast: AUD/USD, AUD/JPY Key Levels – DailyFX

Although the longer-term technical outlook for AUD remains skewed to the topside, recent developments suggest the commodity-sensitive currency could lose ground…

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Australian Dollar Technical Forecast: Mixed

  • AUD/USD eyeing a test of support at the 55-EMA after slicing through the Pitchfork median line.
  • AUD/JPY rates attempting to consolidate above the 61.8% Fibonacci.

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Although the long-term technical outlook for the Australian Dollar remains skewed to the topside, recent developments suggest that the commodity-sensitive currency could lose ground in the coming days against its haven-associated counterparts….

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