AUD USD Forecast Australian Dollar on October 13, 2016


Currency pair Australian dollar against the US dollar AUD USD continues to move in line with expectations and at the moment the pair completed ascending correction. With the current levels is expected to fall within the framework of an attempt to rebound from the descending line of resistance with a view to fall below the level of 0.7480.

AUD USD Forecast Australian Dollar on October 13, 2016

AUD USD Forecast Australian Dollar on October 13, 2016

Cancellation option will be a strong growth of quotations AUD USD above the 0.7590 level, which will point to the potential growth of quotations of the pair. We try to sell the pair with the tight stop.

AUD USD Forecast Australian Dollar on October 13, 2016 suggests an attempt to fall in the rebound from the trend line on the indicator of relative strength, strong Cancellation option will increase in quotes and a pair of sample area above the level of 0.7590.


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