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AUD/USD forecast for the week of July 3, 2017, Technical Analysis
The Australian dollar broke higher during the week, clearing the top of the previous week candle. That being the case, looks as if we are trying to break towards the 0.7750 level above, and I think once we clear that area, the market will then go looking for the 0.80 level, which has been important … Continue reading AUD/USD forecast for the week of July 3, 2017, Technical Analysis · FX Empire

The Australian dollar broke higher during the week, clearing the top of the previous week candle. That being the case, looks as if we are trying to break towards the 0.7750 level above, and I think once we clear that area, the market will then go looking for the 0.80 level, which has been important on longer-term charts. I believe short-term pullbacks will continue to be buying opportunities and the 0.7550 level underneath will be supportive. I have no interest in selling the Aussie, it looks to healthy.

AUD/USD Video 03.7.17

This article was originally posted on FX Empire

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