Currency pair Australian Dollar to US Dollar AUD USD continues to move in the upward correction, but the potential for the drop in prices is still present, as soon as the broken support area on the display relative strength is expected to accelerate the drop in prices pair AUD/USD with the first target at the level below the area of 0.76.
AUD USD Forecast Australian Dollar on February 27, 2017
Cancellation option quotations falling perform sample area of a local maximum, it will point to a continuation of the growth of the pair. With the breakdown of the area of support at 0.76 is expected to continue falling of quotations in the area below the level of 0.75. We try to sell the pair with the tight stop loss and we are ready to increase the volume of sales to the extent of the fall.
Among the important news from Australia that can influence the course of the currency pair AUD/USD, we should mention, the volume change of the operating profits of the companies.
AUD USD Forecast Australian Dollar on February 27, 2017 assumes fall in an attempt to support the area under the breakdown on the relative strength indicator with a potential target of the fall to a level below 0.76 area.
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