AUD/USD Price Forecast: China is expected to prop up the uptrend – FXStreet

The AUD/USD price forecast predicts that China will support the uptrend. Traders are expecting China to play a key role in boosting the value of the Australian dollar against the US dollar. This support from China is likely to help maintain the upward momentum in the currency pair. Investors are keeping a close eye on developments in China, as their actions could have a significant impact on the AUD/USD exchange rate. Overall, market analysts are optimistic about the future of the Australian dollar and are hopeful that China’s support will continue to drive the uptrend.

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