The Aussie is taking yet another hit on the back of renewed US/CHINA tensions. Trump will be pursuing the 200 Bln in tariffs and Australia, as a proxy for China and also for risk-appetite, is taking a beating.
It's downtrend has resumed and we look for further weakness.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.