Currency pair Australian dollar against the US dollar AUD USD continues to move in the uplink, and has the potential to upgrade the area of a local maximum. However, at the time of the downlink test trend in the relative strength indicator is expected to rebound and start falling in the region near the support level of 0.7620.
AUD USD Forecast Australian Dollar on February 15, 2017
Acceleration of falling of pair of quotes should be expected from the breakdown of the rising channel’s lower border, which points to a drop in prices to below the level of 0.7520. Important news from Australia is not expected, so the pair will continue to move in the technical analysis of the AUD/USD.
AUD USD Forecast Australian Dollar on February 15, 2017 suggests an attempt to continue the growth of quotations in the area above the level of 0.7720, which is expected to complete the development of an upward movement and the beginning of fall in the rebound from the descending trend line on the indicator of relative strength.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
