AUD Still Appears Bearish Despite USD Surge

Australian Dollar

The Australian Dollar has crashed for over 3% against USD over the just concluded week, causing the currency pair, AUD/USD to reach its lowest lows since July 21, 2022.

Apart from USD, AUD has also fallen against several other significant currencies, including the Euro, Japanese Yen, and British Pound.

Remember that from my report yesterday, Gold has also hit its monthly all time low after failing to defend its monthly opening range.

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