AUD/USD Forecast September 20, 2016, Technical Analysis

The AUD/USD pair rose during the course of the session on Monday, breaking above the 0.75 level. The 0.7550 level is an area that has seen a bit of resistance previously, so if we can break above the top of the range for the session of Monday, and as a result the market would be free to go to the 0.77 level. There is plenty of support just below, so I believe the pullbacks will continue to be buying opportunities in the short-term, but you can expect quite a bit of volatility.