AUD/USD Outlook: Australia’s Sales Dip Following Nov Surge

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>Australia’s retail sales fell in December after a big surge the previous month. There is a 70% probability of an RBA rate cut in August. The US Department of Labor Statistics will release data on job openings later on Tuesday. Tuesday’s AUD/USD outlook leans towards a bearish tilt following the revelation of a dip in…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/30/aud-usd-outlook-australias-sales-dip-following-nov-surge/">AUD/USD Outlook: Australia&#8217;s Sales Dip Following Nov Surge</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>