AUD/USD Weekly Forecast: Breaks 0.70 As Omicron Fears Push USD Up
December 05, 2021 at 14:44 PM EST
The AUD/USD forecast is bearish, as risk aversion prevails in the market amid Omicron fears and a rising US dollar. The AUD/USD pair has been in a free fall, trading below 0.7000 as the week closes. It is expected to end the week around 0.7000.