AUD/USD Forecast November 28, 2016, Technical Analysis

The AUD/USD pair initially rallied on Friday but gave back about half of the gains. We did not form a shooting star, but something close to it. I believe that given enough time we will break down and drop from here. I have no interest in buying the Aussie dollar, because the gold market is so negative and of course has a great influence on the Australian dollar longer-term. I believe now, the only thing you can do is sell the Aussie, and because of that I am not even looking at buying anytime soon. - 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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