AUD USD FOREX forecast on November 23, 2016


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Currency pair Australian dollar against the US dollar AUD USD continues upward correction development and at the moment there is a potential for continued growth in the region above the level of 0.7420, where we can expect an attempt to falling Australian dollar prices.

AUD USD FOREX forecast on November 23, 2016

AUD USD FOREX forecast on November 23, 2016

An additional signal to drop the push test downward trend line on the indicator of relative strength. In the case of the breakdown of the upper limit of the downward channel is expected to attempt to continue the development of the correction in the region at the level of 0.75, which finished 5-0 descending pattern.

AUD USD FOREX forecast on November 23, 2016 suggests an attempt to test the area of 0.7420, where once again we can expect continuation of falling.

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