AUD/USD Forecast March 25, 2016, Technical Analysis

The AUD/USD pair dipped below the 0.75 level, but found enough support in that area to turn things back around and form a bit of a hammer. On top of that, you have to keep in mind that the gold markets have found buyers during the day and massive support to form a hammer, so it’s very likely that both of these markets will go higher during the course of the session and reach the highs yet again. We believe that there is a massive amount of support all the way down to the 0.74 level.