Currency pair Australian dollar against the US dollar AUD USD continued tight test resistance area and at the moment there is a potential for a fall to 0.7460 at the beginning of the level within the mining reversal pattern Forex Head and Shoulders.
AUD USD Forecast Australian Dollar on January 19, 2017
Cancellation option will be the fall of the strong growth of the Australian dollar above the level of 0.76 quotes that point to the continued growth of quotations and tight local maximum test area. We try aggressive selling the pair with the tight stop and are ready to increase the volume of sales with a decrease in development.
Among the important news from Australia that can influence the course of the currency pair AUD/USD is to provide, on inflation expectations in consumer prices, unemployment rate, the rate is expected unchanged at 5.7% change in the number of employees is expected to significantly decline to the level of 10.2K, Part-time employment.
AUD USD Forecast Australian Dollar on January 19, 2017 suggests an attempt to reduce the expense of working out a reversal forex head and shoulders pattern on the indicator of relative strength, the cancellation will be the breakdown of the area 0.76.
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