Read our debut article in Investing.com where we analyze AUD/USD currency movements. Frequently touching on its resistance point of 0.77 AUD/USD in the past year, we see why that resistance point hasn’t been breached, but keeps dropping back. A phenomonon that we have tagged the “yo-yo” effect.
About the Author: Adinah Brown
Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.