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AUD/USD Forecast October 19, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 18 October 2015 07:16 UTC

The AUD/USD pair initially fell during the course of the session on Friday, but found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is very bullish, and as a result it appears that we will continue to go much higher. We are more than likely going to continue to bounce around in this general vicinity first though, so having said that we continue to buy short-term pullbacks as we await a move much higher in a market that looks like it is ready to take off to the upside sooner or later.

 

 

 

 

 

 

 

AUD/USD Forecast October 19, 2015, Technical Analysis

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