AUD/USD Weekly Forecast for February 05, 2024 by Chris Lewis for FX Empire

The Australian dollar continues to fall overall, looking for the bottom of the range that we have been in. Ultimately, I think the 0.65 level will continue to be a major factor in this market going forward. That being said, there are a multitude of different reasons of think that perhaps the US dollar may strengthen.

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Charts provided by the courtesy of Barchart.

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