Usually, when there is a move towards safe havens, commodity currencies take a bit of a hit. So, traders might be a little surprised to see that the AUDUSD has generally been trading Higher since the massive risk-off event that was the Russian invasion of Ukraine. Sure, the pair had been moving high...
Continue reading The Aussie Is Trending Higher, But For How Long? on Forex Alchemy.
This post first appeared on Forex Alchemy - Articles, Analysis, Strategies, Re, please read the originial post: here