AUD/USD Forecast April 25, 2017, Technical Analysis

The Australian dollar went back and forth on Monday as we continue to bounce around in consolidation. I believe there’s plenty of resistance at the 0.76 level. And exhaustive candle in that area would be and I selling opportunity, but I believe that the 0.75 handle underneath is supported. The 0.7450 level under that I think it needs to be broken to sell this market for any real length of time. In the meantime, you will probably have to employ some type of range bound trading strategy if you want to be involved in the Australian dollar. - 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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