AUD/USD Forecast March 6, 2017, Technical Analysis

The AUD/USD pair fell a bit during the day on Friday but found a bit of support at the 0.7550 level. The market has massive support at the 0.75 level as well, so I believe that it’s only a matter of time before the buyers get involved. If we can break above the top of the candle for the Friday session, and of course the gold markets rally, I believe it might be a nice buying opportunity as gold tends to push this market higher. If we broke down below the 0.75 level that would be a very negative sign.