AUD Trading Outlook (01-02-2012)

Australian Dollar (AUD) the Aussie rallied in Asia but failed for a third time at 1.0680 and fell back with US stock markets. The Continued failure is suggesting the rally has run out of steam and either consolidation or a pull back are in store. Next Tuesdays RBA rate announcement the main risk event going forward for the longer term uptrend with some analysts calling for more rate cuts.

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.