AUD/USD forecast for the week of November 30, 2015, Technical Analysis

The AUD/USD pair initially tried to rally during the course of the week but found enough resistance near the 0.73 level to turn things around and form a shooting star. The shooting star of course is a negative sign and should send this market back down to the 0.70 level, but it might take a while to get there. This is a very tight market and therefore we are not fans of trading from a longer-term perspective. We are going to stick towards the short-term charts in order to start selling again.