AUD/USD Price Forecast: 20-day EMA remains key barrier amid firm US Dollar
The Australian Dollar (AUD) is down 0.15% at around 0.7100 against the US Dollar (USD) during the early European trading session on Wednesday.
The Australian Dollar (AUD) is currently trading at around 0.7100 against the US Dollar (USD) in the early European trading session on Wednesday. The AUD/USD pair is facing pressure as the US Dollar continues its upward trend, fueled by Federal Reserve (Fed) officials expressing hawkish sentiments regarding interest rates and persistent inflation concerns.
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