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AUSTRALIAN DOLLAR: AN INTERESTING CURRENCY TO WATCH IN NEW YEAR

Published On 27 Dec 2019 04:11 AM


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The Australian Dollar will be one of the interesting major currencies to watch as we look towards the coming year. From a technical perspective, AUD/USD managed to close daily above its 200-day moving average, for the first time since March 2018. In 2019, the AUS/USD pair continuously failed against that level as well as key trendline resistance levels. It resulted in a slow and steady grind lower for the Australian Dollar amid a weakened dome....


Tags : economic conditions, growth, currencies,
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