Analysts at Brown Brothers Harriman explained that the Australian dollar closed higher against the US dollar for the second consecutive week and the third week of the past four. Key Quotes: “However, for the better part of the past three weeks, the Aussie has mostly chopped between $0.7500 and $0.7600.” “The technical indicators are mixed, but if the Aussie cannot establish a foothold above $0.7620 by the end of next week, the charts may turn more decisively negative.” “There is a slew of Australian economic data next week, and although generally constructive data is expected, it will not be sufficient to push the RBA off its neutral stance.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD trying to hang on to 0.7550 ahead of Aussie Retail Sales FX Street 5 years Analysts at Brown Brothers Harriman explained that the Australian dollar closed higher against the US dollar for the second consecutive week and the third week of the past four. Key Quotes: "However, for the better part of the past three weeks, the Aussie has mostly chopped between $0.7500 and $0.7600." "The technical indicators are mixed, but if the Aussie cannot establish a foothold above $0.7620 by the end of next week, the charts may turn more decisively negative." "There is a slew of Australian economic data next week, and although generally constructive data is expected, it will not be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
