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The Australian dollar has been going straight up in the air for quite some time, and as a result it is likely that we need to see a little bit of a pullback. AUD/USD Price Forecast – The ...
The Australian dollar has broken through the 0.73 level, and by extension the 61.8% Fibonacci retracement level. AUD/USD Price Forecast – Australian Dollar Breaks Through Another Level Skip to ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
The Australian dollar continues to be very choppy and noisy right around the 200 day EMA, an area that will cause a lot of attention for longer-term technical traders.
The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. [1] This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.
The Australian dollar continues to grind towards a major level in the form of the 0.70 level during the day. The biggest problem is that we are overextended. AUD/USD Price Forecast – Australian ...
AUD/USD is trying to settle above the nearest resistance level at 0.7240.
The Australian dollar fell significantly during the trading session on Thursday, reaching towards the 0.74 level. The market continues to be very volatile overall, as it is a proxy for Asian markets.