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AUD/USD Forecast October 21, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 21 October 2015 05:59 UTC

The AUD/USD pair went back and forth during the course of the day on Tuesday, eventually closing with a fairly negative looking candle. That being the case, the shooting star forming for Tuesday was preceded by the shooting star on Monday. With this, it appears that the market might be ready to pull back from here, but there is a significant amount of support just below. With this, we would be on the sidelines as this market simply looks a bit difficult to deal with at the moment, and certainly quite a bit choppy.

 

 

 


 

 

 

 

 

AUD/USD Forecast October 21, 2015, Technical Analysis

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