Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction. At the moment, the value of the relative strength indicator is testing the support area in the form of a rising trend line, indicating a rebound attempt and the beginning of growth in the region of 0.7680.
AUD USD Forecast Australian Dollar on February 9, 2017
Expect the pair fall in quotations is a breakdown of the support level of the uptrend line, or on the display relative strength. Cancellation option will be a strong pair of quotes growth above the level of 0.77, which indicates continued growth in an area above 0.78.
Among the important news from Australia that can influence the course of AUD/USD is to provide, indicator of confidence in the business environment of the NAB, as well as the performance of the Reserve Bank of Australia governor’s speech.
AUD USD Forecast Australian Dollar on February 9, 2017 suggests an attempt to test the resistance area and began to fall from the breakdown of 0.7620 support area, cancellation option will rise above the strong level of 0.77.
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