AUD/USD and NZD/USD grew amid the current weakening of the USD and growth in capital assets.
Since we do not expect any important data from Australia or New Zealand as possible short-term growth to be maintained.
This will definitely be a corrective movement, because the fundamental trend is strongly downward. Destined from the long- term decline in prices of Commodities (now The price of copper continued to hold near six and half year low) and the overall outlook for continued strengthening of the USD.
Increasing volatility can be caused by closure of large positions before the weekend.
G.Hristov / Head of Fundamental Analyzes
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