AUD USD Forecast Australian Dollar on January 20, 2017


Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction. Quotes couples were able to show a slight fall, and is currently retained potential for falling Australian dollar quotations in the area below the level of 0.74.

AUD USD Forecast Australian Dollar on January 20, 2017

In favor of the option of falling trend line breakout acts an indicator of the relative strength and return to the line. We continue to hold to sell the pair and are ready to increase the volume of sales with a decrease in development. Is expected to accelerate the fall of quotations is a breakdown of the rising channel’s lower border.

AUD USD Forecast Australian Dollar on January 20, 2017

Important news from Australia tomorrow is not expected, so the pair will continue to move in the technical analysis of the AUD/USD.

AUD USD Forecast Australian Dollar on January 20, 2017 suggests an attempt to fall in the rebound from a broken trend line on the indicator of relative strength; the cancellation option will break-down area 0.7580.


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