AUD/USD Forecast September 28, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 28 September 2016 07:14 UTC
The AUD/USD pair had a slightly positive session during the day on Tuesday, breaking above the 0.77 level for the briefest of moments. I believe that the market breaking above the top of the range during the day on Tuesday could be a buying opportunity, but you can see that the market did of course push back. There is a lot of noise above, so it’s not like a move higher is going to be easy anyway. Because of this, I would more than likely step away from this market in general at this point in time.

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