AUD/USD Forecast March 22, 2017, Technical Analysis

The AUD/USD pair initially fell on Tuesday, but turned around to rally and form a hammer. If we can break above the 0.7750 level, that would be a very strong sign and it should send this market much higher. I believe that given enough time, the Australian dollar will continue to climb overall, so pullback should be thought of as buying opportunities. Ultimately, I believe that this market will try to get to the 0.80 level above. Pay attention to gold, it could be the catalyst to push us much higher in this market. - 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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