Currency pair Australian dollar against the US dollar AUD USD continues to trade lower, but at this time there is an attempt of a minor correction for the pair. It is necessary to expect the beginning of USD AUD quotations fall within the beginning of working out a reversal forex head and shoulders pattern with a potential target of the fall below 0.7450.
AUD USD Forecast Australian Dollar on October 25, 2016
Cancellation option of falling Australian dollar quotations will be a strong growth of the pair above the 0.7750 level. We continue to hold the sale and are ready to increase the amount as of the fall.
AUD USD Forecast Australian Dollar on October 25, 2016 suggests an attempt to fall within the beginning of mining forex reversal patterns with potential target below 0.7450.
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