Currency pair Australian Dollar to US Dollar AUD USD continues to move in line with expectations and at the moment has the potential to continue to fall below the level of 0.71 in the rebound relative strength indicator values from the downtrend line.
AUD USD Forecast Australian Dollar on January 3, 2017
An additional signal to the fall is the tight boundary test punched downlink channel indicates that reduction has continued current levels.
Cancellation option of falling Australian dollar against the US dollar quotations will be strong growth above the level of 0.7260. Expect acceleration reduction orphans only with breakdown field local minimum. Among the important news from Australia, the activity index in the manufacturing sector, as well as the price index for raw materials.
AUD USD Forecast Australian Dollar on January 3, 2017 suggests an attempt to continue falling in the rebound from the downtrend line on the indicator of relative strength with the potential to reduce the level below 0.71 area.
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