AUD/USD Forecast April 26, 2017, Technical Analysis

Commodity currencies got beat severely during the session on Tuesday and of course the Australian dollar was no different. However, we are still consolidating as far as I can see so therefore I don’t have any interest in trading this market currently. I believe that a lot of back and forth trading is probably about to happen, so if you are a scalper this might be a nice opportunity, but beyond that I think it’s best to be on the sidelines until this market can make some type of impulsive candle for you to follow. - 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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