Aussie looks discouraged. Forecast as of 28.02.2024

Following the release of minutes from the RBA's February meeting, it appeared that AUDUSD bulls could benefit from divergence in monetary policy. However, they did not rejoice for long. Let us discuss this topic and make up a trading plan.Monthly Australian dollar fundamental forecastWhile the entire financial world is waiting for signals about the start of monetary expansion, RBA officials surprised everyone with the statement that the cash rate could be increased. Their hawkish stance, po