The AUD/USD has reached and moved beyond our projected 1.07 target today, as the bulls keep buying this pair. Certainly it looks like a pullback could be needed – but selling isn’t an option. Simply wait until the pullback happens in order to get involved in the bullish market again. There are several support levels below, including the 1.05, 1.04, and 1.02 levels.
Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com
About ForexMansion.com:
www.ForexMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions.
The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.
