InvestMate

🦘 AUD/USD Prepare for strong increases 🦘

Long
InvestMate Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
🦘 AUD/USD Prepare for strong increases

🦘 AUD/USD Is currently my favorite for future increases.

🦘 The Australian economy is doing very well, with falling inflation on the horizon, interest rates holding steady, export growth due to strong gold demand and low unemployment

🦘 All these factors cause the Aussie dollar to gain in the eyes of investors, which can be seen from the accumulation that has been taking place for more than a month now.

🦘 Currently, the Australian dollar is experiencing a downward correction, caused by declines in commodity prices and the growth of the U.S. dollar, but still its chart looks the most upward of all major currency pairs with the dollar.

🦘 All these factors make me think that the Australian dollar is a very attractive currency in the perspective of the next months.

🦘 Therefore, my scenario remains upward until the fundamentals readings change

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Comment:
We went for liquidity, potential for upward return

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