AUD/USD Forecast Oct. 5-9 2015
AUD/USD ended the week almost where it started, closing at 0.7034. This week’s highlights are Trade Balance and the Cash Rate. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD.
Updates:
In the US, the NFP report was a huge disappointment. However, the weak Aussie failed to take advantage and remains perilously close to the key 0.70 level. Australian Retail Sales improved, matching expectations.
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