Currency pair Australian dollar AUD USD traded entirely within expectations and our forecast AUD/USD for tomorrow. At the moment, there is potential for further AUD USD fall of quotations in the rebound from the upper border of the descending channel model 5-0.
AUD USD dollar exchange rate forecast — June 15, 2016
The overall goal of the fall of the Australian dollar is the area on the level below 0.71. Cancellation option will be the fall of the strong growth of quotations of the pair above the 0.75 level. We continue to hold the sale AUD USD with tight stop and continue to increase the amount of short positions.
AUD USD dollar exchange rate forecast — June 15, 2016 assumes the continuation of AUD/USD falling within 5-0 working out a bearish pattern.
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