AUD/USD Forecast – Aussie Dollar Continues to Threaten a Move Higher

In the current market, there is a potential for an upward trend, possibly influenced by the rise in commodities like gold and iron due to the reflation trade. However, this may not be entirely positive. It seems that the market may be overextended at this point. There may be a slight increase in the near future, but with a lack of significant news in the next few days, it is unlikely to happen suddenly. Stay informed about economic events by checking out the economic calendar.