AUD/USD Forecast September 22, 2016, Technical Analysis

The AUD/USD pair initially fell during the course of the session on Wednesday, but then turned right back around to form a positive candle. Because of this, I believe that this market is going to continue to grind its way to the upside, but the key word here is going to be “grind.” I think that pullbacks and show signs of support will also be buying opportunities as well, as this market continues to deal with massive amounts of volatility. The 0.75 level below is the beginning of the “floor” in this market that extends down to the 0.7450 level.

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