AUD/USD Forecast March 27, 2017, Technical Analysis

The AUD/USD pair went back and forth during the day on Friday but found enough support at the 50-day exponential moving average to find a bit of buying pressure. I think if we can break above the top of the candle for the day, the market will make another attempt towards the 0.7750 level above. If we break down below the bottom of the candle, we then must deal with the blue 100-day exponential moving average below for support, and then of course the 200-day exponential moving average on the chart, pictured in black. - 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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