AUDUSD Forecast March 1, 2016, Technical Analysis
The AUDUSD pair bounced at the open on Monday, but quite frankly with the massively negative candle that we had formed on Friday, we are still very bearish of this market.
The AUDUSD pair bounced at the open on Monday, but quite frankly with the massively negative candle that we had formed on Friday, we are still very bearish of this market.
The AUDUSD pair broke higher during the course of the session on Thursday, but we still remain
The AUDUSD pair went back and forth during the day on Tuesday but turned back around to form a bit of a shooting star.
The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bang around just below the 0.72 handle.
The AUDUSD pair broke higher during the course of the session on Wednesday, but still remains below the 0.72 level, an area that we see as the “ceiling” in this market.
The AUDUSD pair initially tried to rally but turned back around to fall significantly during the day.
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to show a bit of a shooting star.
The AUDUSD pair went back and forth during the course of the session on Monday, showing that there is quite a bit of confusion in this market.
The AUDUSD pair broke higher during the course of the session on Thursday, testing the 61.8% Fibonacci retracement level.
The AUDUSD pair rose during the day on Wednesday, breaking above the recent highs that we’ve seen hold as resistance.