AUD USD Forecast Australian Dollar on December 26, 2016


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Currency pair Australian dollar against the US dollar AUD USD continues to move in the development of the downward trend. At the moment, there is the potential for a tight test the breached border of the channel and continue falling. The purpose of the fall of the Australian dollar quotations of the area at a level below 0.71.

AUD USD Forecast Australian Dollar on December 26, 2016

AUD USD Forecast Australian Dollar on December 26, 2016

Cancellation option could be the breakdown of the channel, which will indicate the growth potential and test the boundaries of resistance, where again is expected to reduce. Important news on Monday, the pair is expected, so the Aussie will continue to move in the technical analysis of AUD/USD.

AUD USD Forecast Australian Dollar on December 26, 2016 involves an attempt to continue falling in the rebound from a broken channel.

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