AUD/USD Forecast March 21, 2016, Technical Analysis

The AUD/USD pair fell during the course of the session on Friday, as we may have gotten a bit overstretched to the upside. However, we feel that the market will eventually find buyers below, so we are simply in the way to see whether or not we get a supportive candle in order to go long yet again. We have no interest in selling, we believe that the Australian dollar continues to strengthen due to gold markets and quantitative easing around the world as central banks continue to get involved in the markets in order to strengthen economies.