Aussie on the rise. Forecast as of 20.06.2023

A drop in price doesn’t mean a loss. It can provide an opportunity to buy an asset at favorable prices. This is the situation of the Australian dollar and its response to the RBA meeting’s minutes. Let us discuss the Forex outlook and make up an AUDUSD trading plan.

Weekly Australian dollar fundamental analysis

There are no victories without defeats. The Australian dollar featured the worst daily drop in the last three weeks after the release of the RBA meeting’s minutes. At the June meeting, the regulator considered the arguments in favor of raising the cash rate and keeping the rate… Read full author’s opinion and review in blog of #LiteFinance