Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At this point, we should expect a test of the level of 0.7730 and the continuation of the fall of quotations in the area below the level of 0.7610.
AUD/USD forecast Australian Dollar on December 26, 2017
In favor of the fall of the pair AUD/USD is the test of the trend line on the indicator of relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave». The cancellation of the variant of the Australian Dollar price fall will be a strong growth and breakdown at the level of 0.7745, which will indicate the continued growth of AUD/USD on Forex.
AUD/USD forecast Australian Dollar on December 26, 2017 suggests an attempt to drop quotations within the start of the development of the bearish model «Wolfe Wave» in order to reduce near the level of 0.7620, an additional signal in favor of the drop is the trend line test on the relative strength indicator.
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