AUD USD Forecast Australian Dollar on November 3, 2016


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Currency pair Australian Dollar US Dollar AUD USD continues to closely test the upper limit of the downward channel. Presently stored for potential drop pair of quotes in the rebound from the channel and the start of the descending model FX 1:1 in order to fall in the area below 0.7550.

AUD USD Forecast Australian Dollar on November 3, 2016

AUD USD Forecast Australian Dollar on November 3, 2016

Cancellation option will be a strong growth of quotations of the pair and the breakdown of the upper boundary of the channel, which will point to the continued growth of quotations of the Australian dollar against the US dollar. An additional signal in favor of the fall is the resistance of the downlink test indicator of relative strength.

AUD USD Forecast Australian Dollar on November 3, 2016 suggests an attempt to fall within the mining model beginning 1:1 in order to reduce the field below 0.7550.

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