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AUDUSD Is Holding on the Lower Trendline of an Ascending Wedge Pattern

AUDUSD Is Holding on the Lower Trendline of an Ascending Wedge Pattern

The U.S. Dollar Currency Index rises as U.S. economic data beats estimates. Share: Australia The US Dollar was bullish against most of its major pairs on Friday with the exception of the NZD and CAD. On the U.S. economic data front, Markit’s U.S. Manufacturing Purchasing Mangers’ Index spiked to 53.6 on month within the August preliminary reading (52.0 expected), from 50.9 within the July final…

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