AUD/USD Forecast November 14, 2016, Technical Analysis

The AUD/USD pair had a negative candle form for the session on Friday, reaching towards the 0.75 level. That is an area that has been important more than once, and the uptrend line of course continues to support this market, as we continue to go much higher, perhaps reaching towards the 0.7750 level on signs of support. If we break down below the 0.75 level, the market then goes lower. Pay attention to gold, it has a massive amount of influence on this market as it typically has a positive correlation to the Aussie dollar. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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