AUD USD Forecast Australian Dollar on November 18, 2016


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Currency pair Australian dollar against the US dollar USD AUD continues to reduce development, but at the moment there is a potential for a correction to start at the level of 0.7540. In favor of the version of the beginning of the growth is the tight test support area on the indicator of relative strength, which is also indicated in the attempt to increase quotations AUD/USD.

AUD USD Forecast Australian Dollar on November 18, 2016

AUD USD Forecast Australian Dollar on November 18, 2016

Cancellation option of the Australian dollar will rise in share price continued to decline below the level 0.7440, which will point to a continuation of the fall. However, this correction will not steer, after the correction is expected to attempt to continue the drop in prices AUD / USD.

AUD USD Forecast Australian Dollar on November 18, 2016 to try presupposes growth in the rebound from the support area on the indicator of relative strength for the purpose of higher than 0.7540.

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