AUD/USD Forecast April 15, 2016, Technical Analysis

The AUD/USD pair rose during the course of the day on Thursday, as we continue to try to grind higher. The 0.80 level above is the target for the longer term as far as we can tell, and we believe the pullbacks will be buying opportunities again and again on short-term charts. The gold markets of course have an effect on the Australian dollar, so they continue to show strength over the longer term, it is very likely that we will break out to the upside. We have no interest in selling, we believe that the 0.75 level against a massive amount of support.