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AUD/USD Weekly Forecast: Looking to Breakout 0.70 as Fed Gears up

Started by forex4you, Apr 25, 2022, 03:01 pm

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AUD/USD Weekly Forecast: Looking to Breakout 0.70 as Fed Gears up

The Australian government will release its first-quarter inflation data next week, which is expected to increase rapidly. As central banks tighten their policy, high-yield assets have become less attractive. A break below 0.7233 should increase the bearish momentum in the AUD/USD. The AUD/USD weekly forecast is bearish as the pair gears up for a breakout … Continued


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