The Australian Dollar (AUD) continues its winning streak for the third successive session on Friday.
The Australia n Dollar rises on hawkish sentiment surrounding the RBA prolonging higher interest rates. Australia ’s central bank is expected to maintain its current rate at 4.35% until the end of September. US Nonfarm Payrolls is expected to print a reading of 243K for April, compared to 303K prior. The Australia n Dollar continues its winning streak for the third successive session on Friday.
A breakthrough above this level could lead the pair to explore the region around March’s high of 0.6667. On the downside, the AUD/USD pair could move toward the nine-day Exponential Moving Average at 0.6528, followed by the lower boundary of the symmetrical triangle around the psychological level of 0.6500. A break below the latter could exert pressure on the pair to test the throwback support at the 0.6480 level.
SEO Majors Macroeconomics Australia
Indonesia Berita Terbaru, Indonesia Berita utama
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