Aussie Dollar Tuesday/Wednesday trade

13 Mar 2018

The AUD/USD pair has continued to slide down early this morning falling below the 0.77770 support and is now looking to extend further passing my original projection of 0.77660 to find some support at 0.77500. However, as the bulls are looking more in control expectations are building, and we could see further press upward to resistance levels at 0.78350 and 0.78700. On the flip side, if the bears might come back into the market, the solid 0.77500 support will be crushed.