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AUD/USD Forecast November 26, 2015, Technical Analysis

By
Christopher Lewis
Updated: Nov 26, 2015, 05:46 GMT+00:00

The AUD/USD pair went back and forth during the course of the day on Wednesday, as we struggled a little bit to continue to go higher. With this, the

AUD/USD Forecast November 26, 2015, Technical Analysis

The AUD/USD pair went back and forth during the course of the day on Wednesday, as we struggled a little bit to continue to go higher. With this, the market should continue to struggle in this area and as a result we are looking for some type of resistant candle in order to start selling. The 0.70 level below is the “target” at this point in time, so therefore we will not hesitate to start selling if we get a break down below the bottom of the range for the session on Wednesday.

 

AUD/USD Forecast November 26, 2015, Technical Analysis

About the Author

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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