Where is The Australian Dollar Heading to? – AUDUSD Technical Analysis

The Australian market will expect tomorrow a delayed interest rate decision. Most economists are expecting no change in the interest rate. The Australian economy has grown a moderate pace and only in February the consumer confidence surged since September.

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The Australian dollar has been resilient and so has been the Australian economy. On Tuesday and Wednesday expect trade balance, retail sales and building approvals figures for February to influence the AUDUSD pair.

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