What makes a good line chart?

The goal of an effective line chart is to emphasize changes and direction in your data, not display the size of the values themselves. If there are too many lines or colors on a chart, the visualization becomes confusing and difficult to read.

When did AUD become a currency?

It was first introduced in 1966, replacing the Australian pound. At the time, it was pegged to the British pound at a rate of $2 to £1. After abandoning this peg and moving to the U.S. dollar in 1967, it eventually moved to become a free-floating (not pegged) currency in 1983. What Determines the AUD/USD Exchange Rate?

What factors determine the AUD/USD exchange rate?

There are two main factors that determine the AUD/USD exchange rate: The Reserve Bank of Australia and Federal Reserve control the supply of money in the market to keep the economy on track. A dovish policy, also known as expansionary policy, weakens the currency as the monetary supply increases.

What's going on with AUDUSD?

Upward trend forming, EMA break and retest. 3 profit zones identified. AUDUSD touches the target The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .