AUD/USD Price Prediction – March 28
It is observed on the AUD/USD market financial book of records the currency pair price surges further higher through resistance after pushing from the psychological 0.7400. The trade is trading around 0.7515 between the high and the low of 0.7540 and 0.7499, keeping a minute positive percentage of 0.01.
AUD/USD Market
Key Levels:
Resistance levels: 0.7600, 0.7700, 0.7800
Support levels: 0.7400, 0.7300, 0.7200
AUD/USD – Daily Chart
The AUD/USD daily chart shows the currency pair price surges further through resistances. The bullish trend lines drew northwardly above the trend lines of the SMA. The 14-day SMA indicator has crossed the 50-day SMA indicator to the upside. The Stochastic Oscillators are in the overbought region, stretching northbound to indicate that some upward momentums are still in the cards.
Will the AUD/USD market bulls push more for profits as the currency pair price surges further higher through resistance?
There has been no visible retarding signal against the current upward momentum-gathering process in the AUD/USD market operations. Based on that report, the currency pair market bulls are likely to push for more profits as price surges further higher through resistance in the current business acts.
On the downside of the technical analysis, the AUD/USD market bears should be wary of exerting a position against the current pace at which the market is trading. It would technically sound ideal for traders to be on the lookout for active reversal motion between 0.7500 and 0.7600 levels before considering the potential of downward trend resumption.
The analytics, at a glance, suggests the AUD/USD market short-position takers should be wary of a sudden re-emergence of a bearish candlestick around the 0.7500 while price tends to fail to push past the 0.7600 resistance in the run. 
AUD/USD 4-hour Chart
The AUD/USD 4-hour chart showcases the currency pair market price surges further high through resistances. The compilation of variant candlesticks around the upper trend line reveals that long-position takers have been overbearing forces on the impact of the US economy for a while. The 14-day SMA has curved northwardly above the 50-day SMA. The Stochastic Oscillators have moved southbound to locate a position around the range at 20. It still appears the outlook may favor the upside motion for a while. The points between 0.7550 and 0.7600 will serve as integral parts, determining the subsequent direction.
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