We see a reversal pattern forming for the australian dollar. The main driver for this is china opening back up trades routes. Australia is a massive coal exporter and its biggest buyer was China who for some time now had not been doing business with Australia however this is now all changing as China look to green light the coal exports again.
Not only this but China in general starting trade schemes with the AUSSIES gives good room to fuel the AXY potentially
Not only this but China in general starting trade schemes with the AUSSIES gives good room to fuel the AXY potentially