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AUD/USD Price Losing Bullish Steam as USD Recovers, Eying US NFP

Started by forex4you, Apr 01, 2022, 06:21 am

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Apr 01, 2022, 06:21 am
AUD/USD Price Losing Bullish Steam as USD Recovers, Eying US NFP

AUD/USD slipped below 0.7500 this week but stays within this week’s range ahead of the US jobs data on Friday. Despite structurally higher commodity prices and expectations of hawkish RBA policy, the Australian dollar remains firm. Technically, the pair is ranging and looking for a bearish breakout. The AUD/USD price fell below 0.7500 on Thursday, … Continued


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