Our Forex Buy/Sell Trading Signals recently forecast Australian dollar losses against the US dollar, as our Breakout system signals that the AUDUSD may continue to fall through near-term trade. Such a trade idea is consistent with the Australian dollar’s overwhelmingly bearish trend, and it seems that the combination of difficult financial market conditions and bearish developments out of the New Zealand economy will continue to keep the high-yielding AUDUSD under pressure through near-term trade.
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