Daily Analysis: AUD/USD Sees Inflows Following Cooler-Than-Expected CPI Data
Friday, 12 July 2024, 07:41
Daily Analysis
The AUD/USD forecast highlights a positive outlook for the Australian dollar amidst market dynamics.
Key Points:
- Market Sentiment: Participants punishing USD
- Forecast: AUD targeting 0.6850
- Support Level: 0.6650
Conclusion: The AUD is expected to continue its bullish trend against the USD based on current market conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.