AUDUSD Sep 17 to Sep 21 Outlook

By News Robot

Lawrence’s Comment

Recap
Not only we got Y+2, Y=3 was almost tagged by end of the week as well. Closed the week above Y+2.

Outlook
Both Aussie and Loonie are driven by metal prices. As gold put in place its bottom last week with a strong rally, both currencies have no choice but to strengthen.

Long term bottom is likely in place hence will look for long only on this pair.

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