FX Week

Could The Undervalued Aussie Be Set For A Revival?

TECHNICAL ANALYSIS

FX forecasting service TRL sees opportunities for the undervalued Australian dollar

The Australian dollar has long been a favourite target of currency speculators given the relatively 'hands off' policy adopted over the years by the Reserve Bank of Australia (RBA).

While the RBA does enter the market from time to time to buy or sell the Aussie, it never does so with much conviction, and its aim is more to "smooth and test" the market than promote a reversal.

The RBA has also been reluctant to

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