AUD/USD Forecast April 25, 2014, Technical Analysis

The AUD/USD pair fell during the session on Thursday, but found support at the all-important 0.9250 level again. We believe that this market will continue to find support in this range, and down to the 0.92 handle. Is not until we break below there that we would even consider selling this market, and even at that point we would be a bit hesitant. A supportive candle in this general vicinity is perfect as far as we can tell, and we would be more than willing to start buying at that point time.

 

AUD/USD Forecast April 25, 2014, Technical Analysis