AUD / USD pair
The Australian dollar has overcome the support of the nearest embedded line of the price channel, which is now heading towards the downstream line in the area of 0.6783. There will be no important economic data for Australia this week. The "Australian" will be more focused on foreign markets. Worries about tough Brexit intensify in the UK. Meanwhile, in the US, the Fed can destroy the overstated market expectations for three rate cuts, saying with the confidence only one thing. The Australian stock index S&P/ASX200 today is down by -0.16%, as well as China A50 is losing -0.09% today, which has been falling for the 4th day in a row. The iron ore has lost 1.84% on Friday. We are waiting for the AUD/USD pair near 0.6783.
