AUD/USD Forecast 9 Jan 13

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Good day forex traders and koalas.

In the previous AUD/USD forecasts we note of the budget disappointment. The Aussie dollar took a hit.

Looking at the AUD/USD hourly chart above I want to warn you dear readers of the ranging pattern above. As you can see the currency pair is bouncing somewhat between 1.0477 to 1.0510 with occasional excursions further.

Don’t miss the fundamental analysis,

continue on to TheGeekKnows.com for the fundamental analysis of the AUD/USD Forecast Weekly Review to understand more about the underlying market sentiments.