AUDUSD: Aussie Keeps Firm Tone Despite Weak Economic Data

The Australian dollar edges lower from new highest in nearly two weeks in early Tuesday, consolidating strong rally in past two days. Overbought conditions on daily chart prompted a partial profit taking, though near-term structure remains bullish and so far unharmed from downbeat data which showed Australian consumer confidence falling to multi-year lows, while business […]The post AUDUSD: Aussie Keeps Firm Tone Despite Weak Economic Data appeared first on Action Forex.