AUD/USD Forecast April 11, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 11 April 2016 05:25 UTC
The AUD/USD pair initially tried to rally during the course of the session on Friday, but turn right back around to form a shooting star. The shooting star is very negative, but we are sitting above a massive amount of support all the way down to the 0.74 level, starting at the 0.75 handle. A supportive candle below would be a nice buying opportunity, but we are also interest in buying on a break above the top of the shooting star from the Friday session as well. We have no interest whatsoever in selling this market.

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