AUD/USD Forecast September 18, 2017, Technical Analysis

The Australian dollar tried to rally during the day on Friday, but found a bit of resistance near the 0.030 level. By pulling back, we have settled near the 0.0 level again, an area that has been very interesting from longer-term charts perspective. I believe that we will eventually find buyers, but we may need a little bit of help from the gold market, or perhaps more of a “risk on” feel to the markets. Given enough time, I expect buyers to come back, so I’m looking for support or a bounce to get involved. - 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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