Mar
13

AUD/USD D1 Technical March 13

Yesterday Aussies manage to overcome on its resistance 1.0290 level. Now next resistance is at 1.0375 level. We are expecting AUD/USD to hold its support 1.0260 level and continue its uppish movement. Bollinger bands are providing buy signals for the pair.

If Aussies manage to break its resistance 1.0375 level and give a day closure above this level then it will indicate strong bullish strength and AUD will then move further towards north.

High impact News can affect the trend of Pair. News like Core Retail Sales m/m, Retail Sales m/m, Employment Change, Unemployment Rate.

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