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home / news releases / FXA - Should You Be Bullish On The Aussie Dollar?


FXA - Should You Be Bullish On The Aussie Dollar?

In my last article on January 3rd, I had highlighted that I expect the Australian Dollar (FXA, AUDS) to trade in a box range pattern up until the candle signals offer a clear direction for an upside or downside breakout. This proved to be true as the currency traded within the box range levels highlighted. However, I now believe the Aussie Dollar will have a bullish breakout till the 0.7284 mark after which it shall form a new box range pattern. To establish the likelihood of this occurring, I shall

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Stock Information

Company Name: Invesco CurrencyShares Australian Dollar Trust
Stock Symbol: FXA
Market: NYSE

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