posted by
FXEmpire
371 days ago
in USD, AUD, Technical
The AUD/USD pair fell hard for the week after failing to stay above the 1.02 level. The market looks extraordinarily weak at this point, and the fact that the concerns out of Europe are starting to really scare traders, the Aussie will suffer. This is simply a “risk off” trade in the end, and the Aussie will continue to suffer until the markets are