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AUD/USD: Bulls in control heading into 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Markets are off to a relatively quiet trading start to the historically low-volatility week between Christmas and New Year’s. As of writing, European equities are trading down slightly (with the exception of the UK’s FTSE index, which is holding on to negligible gains), the dollar is essentially flat, and major commodities including gold and oil are falling once again. Against this backdrop, the AUD/USD’s flat start to the week is relatively impressive. The Aussie traded higher every single

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