Australian Dollar: Uptrend Targets 0.7120 Against US Dollar – Societe Generale
Societe Generale’s Kenneth Broux notes AUD/USD has defended its 200-DMA and established a pattern of higher highs and higher lows, signalling a short-term uptrend. The pair’s recent advance has stalled near the 100-DMA, but a hawkish Reserve Bank of Australia (RBA) hold co