AUD/USD actually is still in a downward channel and the potential weakness of the AU is at a high level. For example, the housing market is irrational at this moment while this is beyond average affordability. Additionally, I do not think the continuous cut of interest rate is a healthy stimuli for the AU's economic development.&nbsp;
On the other hand, although there are many people regard the USD as a weak currency, I believe in 2020 Trump will &nbsp;soften contest since China and US both compromised and presumably the final agreement will be reached before original expectation. From this comparison my long-term strategy is to short this Forex pair but sell stop to avert the risk as much as possible.
Strategy:
Sell stop: 0.68300
T/P:0.67837
S/P:0.69000

A long term forecast for AUD/USD

Dec 01 2020

2