Currency pair Australian dollar against the US dollar AUD USD is still trading within the descending pattern with the target of the fall 5-0 at below 0.75 areas. Cancellation option will be a strong growth of quotations and sample the upper limit of the downward channel. In this case, we can expect an attempt to continue the growth of USD AUD quotations in the area above the level of 0.77.
AUD USD Forecast Australian Dollar on October 18, 2016
We continue to hold the sale and ready to try new deal in favor of lowering the Australian dollar prices.
AUD USD Forecast Australian Dollar on October 18, 2016 suggests an attempt to fall in the rebound from the top of the model 5-0, which is the purpose of completing the area below the level of 0.75.
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