AUD/USD Daily Forecast - 13 March

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Monday, Mar 12 2018

AUD/USD Daily Forecast - 13 March

Aussie was traded in a tighter range in the course of the yesterday's session ina n area between 0.7850 and 0.7880 area in the end finishing the session in a neutral tone. Tomorrow, we would pay attention to US CPI figures. Pair is likely to find support around 0.7850 and 0.7820 handle, so these would be our short-term buying points, while we can expect some amount of resistance above 0.79 handle.

Long-term looking, selling is not an option after recent rebound, however we expect plenty of resistance on the way towards 0.80 handle.

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