The AUDUSD is consolidating above new three-week low in European session on Monday, but remains at the back foot, weighed by Friday’s large bearish daily candle (down 2.1%). Much stronger US Jan NFP numbers on Friday lifted dollar, weighing on risk-oriented Aussie, with minor positive impact seen from news about warming China-Australia trade relations. Fresh […]
The post AUD/USD Outlook: Aussie Remains Under Increased Pressure appeared first on Action Forex.