Currency pair Australian Dollar US Dollar AUD USD continues to move in the upward correction, but the potential for a fall persists. At the moment, the pair may again test resistance area above the level of 0.7700 and 0.7660 area samples not expect the acceleration of falling Australian dollar prices.
AUD USD Forecast Australian Dollar on February 21, 2017
In favor of the drop in prices AUD/USD stands Neck sample line on the indicator of relative strength. The purpose is to drop below 0.7545 region. Cancellation option will drop the pair quotes strong growth above the level 0.7760, which will point to a continuation of an upward trend.
Among the important news from Australia that can influence the course of the currency pair AUD/USD, is to provide, Reserve Bank of Australia Minutes of the meeting on monetary policy, we should expect increased volatility in the pairs involving the Australian dollar at the time of the publication of news.
AUD USD Forecast Australian Dollar on February 21, 2017 suggests an attempt to fall below the level of 0.7545, the cancellation option will drop the sample area 0.7760.
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