AUD/USD Forecast March 29, 2017, Technical Analysis

The AUD/USD pair initially fell during the day on Tuesday but found enough support at the 61.8% Fibonacci retracement level to turn around and form a very bullish candle. Because of this, looks as if the market is going to try to reach towards the .7750 level above. I believe in buying the Australian dollar, especially the gold markets break out which they’d look like they’re trying to do. Once they break above the $1262 level, that should send a flood of money into the Aussie as well. I have no interest in selling. - 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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