The AUD/USD continues to struggle with the idea of the 1.10 handle on Monday, making trading this pair an extremely choppy situation lately. The pair has found support in general, but it simply cannot gain traction at these altitudes. Because of this, we are firm in our commitment to buy the Aussie, but we are waiting to see if there is a pullback first, as we think a retest of 1.08 could be in the cards before it is all said and done.
The FX Empire:
Dedicated to delivering the very best to its readers, FXEmpire.com stands committed to its reader. As such, everyday, we provide the highest quality, most timely and most actionable technical and fundamental analyses and news. Those and our broker reviews mean that we arm our readers, empowering them to make, for themselves, the best financial decisions.
In depth, timely and accurate technical analyses, fundamental analyses and Forex news and Forex broker reviews are available within the FX Empire.
