AUD/USD Forecast September 8, 2014, Technical Analysis

The AUD/USD pair broke higher during the course of the session on Friday, and even broke above the top of the shooting star from Thursday. That being the case, the market looks as if it is trying to break out to the upside and head to the 0.9450 level, but that level will more than likely keep the market down. In other words, there is in a whole lot of room to move, so we are essentially just going to stay out as is going to be easier than trying to navigate these choppy waters.

 

AUD/USD Forecast September 8, 2014, Technical Analysis