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AUD/USD Forecast Aug. 13-17

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by , 08-12-2012 at 05:53 AM (248 Views)
The Australian dollar was unchanged over the week, as AUD/USD closed at 1.0573. The upcoming week has six releases, including Business Confidence and New Motor Vehicle Sales. Here is an outlook of the Australian events, and an updated technical analysis for AUD/USD.

The aussie was trading in a narrow range throughout last week. Despite better than expected employment data, the Australian dollar did not improve against its US counterpart.

Read the rest of the article [URL="http://www.forexcrunch.com/audusd-forecast-aug-13-17/"]AUD/USD Forecast Aug. 13-17[/URL]
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