AUD/USD Forecast November 4, 2016, Technical Analysis

The Australian dollar initially tried to fall during the course of the day on Thursday, but then turned around to bounce and a positive fashion. There is a significant amount of resistance above and extending all the way to the 0.7750 level though, and with the jobs number coming out today is probably best to wait to see how the daily candle closes. Also, you have to pay attention to how gold acts, so having said that it’s likely that I will be on the sidelines when it comes to the Aussie dollar until at least Monday. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the