AUD/USD Forecast September 15, 2014, Technical Analysis

The AUD/USD pair fell hard during the session on Friday, slamming into the 0.90 region. That area should be massively supportive, and as a result we think that it’s only a matter of time before we get a bit of a bounce. Quite frankly, if you’re trying to sell this pair now, you have missed the opportunity. At this point time, we are going to wait to find some type of supportive candle in order to go long, but until then simply have to avoid this marketplace as we are far too close to a major support level.

 

AUD/USD Forecast September 15, 2014, Technical Analysis