AUD USD Forecast Australian Dollar on February 16, 2017


Currency pair Australian Dollar to US Dollar AUD USD continues to move in the forex model Triangle and is currently retained the potential for the breakdown of the top models of the border and continued growth of quotations in the area above the level of 0.7720.

AUD USD Forecast Australian Dollar on February 16, 2017

Near this level is expected to start falling in the descending trend line test on the indicator of the relative strength in the event of breakdown forex model of the lower border triangle should expect accelerating drop in prices pair below 0.7520 area.

AUD USD Forecast Australian Dollar on February 16, 2017

Among the important news from Australia that can influence the course of the currency pair AUD/USD, is to provide, unemployment rate, change in the number of employees, part-time, expectations for consumer price inflation.

AUD USD Forecast Australian Dollar on February 16, 2017 suggests an attempt to increase above the level of 0.7720, where we can expect the beginning of falling within the dense test downward trend line on the display of relative force to fall to below 0.7520 area.


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