AUDUSD - Still Short Continued Downside Potential

2020-02-28 20:56:13

We are still short AUDUSD as the currency pair hits 0.65 due to the continued spread of the coronavirus and the potential subsequent impact on economic growth. Therefore we hold our short view as we expect further downside for the currency pair whilst the coronavirus crisis continues and see AUDUSD making new multi year lows once again.