AUD/USD Forecast March 13, 2017, Technical Analysis

The AUD/USD pair rallied on Friday, showing signs of life at the 0.75 handle. This might be the beginning of the continuation of the longer-term uptrend, but we need to see a move above the top of the range for Friday in order to go long. If we break down below the 0.75 level, I think there is plenty of support all the way down to the 0.74 level. Because of this, I think it’s only a matter of time before the buyers get involved, unless of course we breakdown below the 0.74 handle. - 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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