AUD USD Forecast Australian Dollar on March 2, 2017


Currency pair Australian Dollar US Dollar AUD USD continues to move through the completion of the upward movement and retained the potential to drop a pair of quotes in the area below the level of 0.7540.

In favor of the drop in prices AUD/USD appears breakdown uptrend line on the indicator of the relative strength and areas of support.

AUD USD Forecast Australian Dollar on March 2, 2017

Cancellation option Australian dollar quotations fall is the area of the breakdown of a local maximum, it will point to continued growth in the region above the level of 0.78.

AUD USD Forecast Australian Dollar on March 2, 2017

Among the important news from Australia that can influence the course of the currency pair AUD/USD, is to provide, change in the volume of building permits issued, the balance of foreign trade balance.

AUD USD Forecast Australian Dollar on March 2, 2017 assumes continuation of falling of pair attempt to below 0.7540, expect the acceleration of the fall is the area with the support of breakdown at the level of 0.7620.


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