The AUD/USD pair fell during the session on Tuesday, showing the 0.94 level as far too resistive. That being the case, it appears the market is going to pull back slightly from here, but we do expect to see bullishness going forward. With that being the case, we think that buying a supportive candle below is probably the way go, and with that he feel that this market should continue to try and strive towards the 0.95 handle. As far as breaking through their though, that’s a completely different story, and we think that area will continue to offer resistance in the short term.
Written by FX Empire