AUDUSD Daily Forecast Mar 24 2015

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Minors - 956854 (1)

Outlook in AUDUSD remains on the upside as long as support 0.7762 holds on a daily closing basis , resistance comes at the 0.7900/0.8000 levels , a halt is strongly suggested , but a break would open 0.8100 next , further upside will target the 0.8250 levels..

On the downside , main support comes at the 0.7762  levels , a clear break below the 0.7762 levels will terminate the last bullish run and restore the downside momentum and bring a lower leg below the 0.7560 levels .

In all , as long as 0.7762 support holds on a daily closing basis , outlook in AUDUSD remains on the upside towards the 0.7900/0.8000 levels before the next possible fall , below the 0.7762 levels will restore the downside momentum and open the 0.7644/0.7560 levels ..

 

AUDUSD Daily Forecast Mar 24 2015

 

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