AUD/USD set to make assault on downtrend resistance as risk appetite rips – FOREX.com

The AUD/USD pair is poised to challenge downtrend resistance as risk appetite surges. Forex analysts at FOREX.com are predicting a potential breakthrough for the currency pair. The recent increase in risk appetite has boosted the AUD/USD’s momentum, setting the stage for a possible rally. Investors are closely watching as the pair approaches key resistance levels. If the AUD/USD manages to break through these levels, it could signal a shift in the current trend. Traders are advised to monitor developments closely and be prepared for potential market movements.

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