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AUD/USD Forecast December 7, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 05 December 2015 06:07 UTC

The AUD/USD pair went back and forth during the course of the day on Friday, testing the 0.74 level. We ultimately pulled back to form a bit of a neutral candle, but the range is getting wider each day. Because of this, it appears like the volatility is picking up at this point in time. We are going to trade this in the simplest manner possible: we are going to buying the Australian dollar we break above the top of the range for Friday, or sell the Australian dollar if we break below the range for Friday.

AUD/USD Forecast December 7, 2015, Technical Analysis

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