AUDUSD Australian dollar rate Long term forecast - down to 0.609

The Australian dollar attracts our attention. We need to be interested in the Australian dollar. AUDUSD is likely to continue to decline. Probably, it will drop to 0.609 in the long term. The key price lines for AUDUSD are 0.702 and 0.719. It will wave heavily at around 0.673, lower in January.

Everyone knows that the value of the US dollar is constantly falling. However, the US dollar will be relatively strong against other currencies. In particular, the USD will be stronger against the Australian dollar and the Canadian dollar.

[AUDUSD rate monthly chart]
AUDUSD Australian dollar rate Long term forecast - down to 0.609