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AUDUSD Could Extend Losses In The Coming Weeks

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Given the recent disappointment in the Australian Housing Prices data, the Aussie Dollar could be poised to extend recent bearishness. Specifically, the combination of a host of bearish technicals could exacerbate any losses resulting from weakening fundamental results. What’s more, Friday’s commodity Prices outcome could add fuel to any downtrends[​IMG]

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