AUD/USD Hits Target .7708
Jason Sen | Mar 31, 2016 06:12AM ET
AUD/USD beat 7650/55 for a buy signal, and target 7708/12 was hit. Looks like we could see a pull back today however. Minor support at 7654/50, but below here targets 7620/16. This should hold the downside initially at least, but if we continue lower look for 7593/90 then an excellent buying opportunity at 7570/65.
Holding 7654/50 keeps bulls in control and re-targets 7680/82 then 7705/10. If we continue higher look for 7735/39 and longer-term trend line 7760/65. A high for the day expected if we reach this far.
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