AUD/USD Daily Forecast – 24 January

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Tuesday, Jan 23 2018

AUD/USD Daily Forecast – 24 January

Aussie found plenty of resistance above 0.80 handle in the course of the yesterday's session and was then pushed lower but found support around 0.7950 level and managed to rebound by the daily closing and finish the session around 0.80 handle. Tomorrow, we expect another similar session Pair is likely to find support around 0.7980 and 0.7950 handle, so these would be our short-term buying points, while we can expect some amount of resistance above 0.8050 handle.

Long-term looking, selling is not an option at the moment, as we are well above 0.78 handle. However, we believe pair will find plenty of resistance above 0.80-0.81 handle.

More in this category: « EUR/USD Daily Forecast – 23 January GBP/USD Daily Forecast – 24 January »

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