AUD/USD Outlook: Optimistic Fundamentals Prevent Deeper Pullback For Now

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<p>The Aussie remains bid ion Thursday despite double failure at 200DMA (0.6657), underpinned by fresh optimism that economic downturn over pandemic lockdown may be less severe than feared. This so far fades negative signals on repeated upside rejection that may cause stronger pullback on profit-taking and formation of bull-trap above 200DMA. Daily techs are bullish […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298847-aud-usd-outlook-optimistic-fundamentals-prevent-deeper-pullback-for-now/">AUD/USD Outlook: Optimistic Fundamentals Prevent Deeper Pullback For Now</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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