AUD/USD Forecast March 7, 2017, Technical Analysis

The AUD/USD pair fell a bit during the day on Monday, but found enough support at the 50-day exponential moving average to turn things around and bounce a bit. I believe we can break above the top of the range for the Monday session, we should then reach towards the 0.7650 level. The moving average is recently crossing suggests that we are going to continue to go higher, and therefore I don’t have any interest in selling currently. I also recognize that the 0.75 level underneath is massively supportive. One thing you can count on is choppiness.