AUD/USD Forecast April 13, 2017, Technical Analysis

The Australian dollar fell during the day on Wednesday, as the 0.75 level continues to offer resistance. It now looks as if we are going to try to reach towards the 50% Fibonacci retracement level below, at the 0.7450 level. However, I see a massive amount of support in the general vicinity, so this is going to be a very difficult market to trade. Until we get an impulsive candle, I’m not bothered being involved in the AUD/USD pair. Gold markets have a great influence on the Australian dollar typically, but have had no effect this time. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the