AUD/USD Forecast April 11, 2017, Technical Analysis

The AUD/USD pair had a choppy session on Monday as we bounced around below the 0.75 handle. This is an area that has a significant amount of support attached to it though, and therefore it’s not surprising to me that we struggled to break down significantly. Because of this, I believe that the market is probably one that is going to be difficult to trade as there is a lot of noise just above, as well as just below. With this, I’m on the sideline as the market needs to make significant decisions. - 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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