The question in the title is an important one for a lot of forex traders today who are watching AUD/USD. Besides, any major move in this pair will have implications for other U.S. dollar pairs, too.
You can get answers now in this new 2-min. video by our Currency Pro Service editor. Watch as he goes over several charts of AUD/USD, from longer- to short-term, to give you some clarity.

Learn How the Wave Principle Can Improve Your Trading

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.