Currency pair Australian Dollar to US Dollar AUD USD continues to fall. Currently the descending pattern forming head and shoulders in order to develop at a level below the area of 0.7540.
AUD USD Forecast Australian Dollar on August 26, 2016
Cancellation option of falling quotations AUD USD will be strong growth and the breakdown of 0.7650 area, which will cancel the FX model and point to the potential growth of the Australian Dollar above 0.7750 level. An additional signal in favor of the fall is the resistance of the downlink test indicator of relative strength. Increase the amount of sales is a breakdown of the level of the local minimum.
AUD USD Forecast Australian Dollar on August 26, 2016 assumes a drop in prices to USD AUD below 0.7750 within the forex mining model.
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