The Australian dollar rose quite sharply during the trading session on Thursday, as the price approaches the upper line of the uptrend, which has already been tested at least once. At this point, we are quite close to the 0.7300 level, which coincides quite well with the massive sell-off that took place earlier. The Australian dollar is likely to move on demand to risk.
However, the United States is currently in turmoil, to put it mildly, in terms of elections, and there will also be data on the US labor market that will be released today on Friday. This is what you should pay attention to, as it is likely to cause volatility and further determine the price movement.
However, the United States is currently in turmoil, to put it mildly, in terms of elections, and there will also be data on the US labor market that will be released today on Friday. This is what you should pay attention to, as it is likely to cause volatility and further determine the price movement.