AUD/USD Forecast March 26, 2014, Technical Analysis

The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle. This is a trigger for us, and we believe that this market is now going to head to the 0.9250 level. That being the case, we feel that this market will be bought on pullbacks, and short-term charts will more than likely offer buying opportunities so that we can continue to go higher. In the end though, we feel that the Australian dollar should continue to strengthen, but also recognize that it may not be the easiest move to make.

 

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