AUD/USD Forecast: Aussie Continues Its Consolidation

  • The AUD/USD currency pair has been back and forth during most of the session on Thursday as we have the Non-Farm Payroll numbers coming out for Friday.
  • This suggests that we are more likely than not going to see some type of resolution finally.
  • The 0.70 level above is the beginning of significant resistance, so it is most likely going to be in the area that we need to pay close attention to. If we were to break through that area, it would set quite a precedence in this market.

James Rogers

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