AUD USD Forecast Australian Dollar on October 26, 2016


Currency pair Australian dollar against the US dollar USD AUD continues to trade within the framework of the formation of topping model Forex Head and Shoulders. The immediate goal of the fall is the area of quotations at the level of 0.7550. Cancellation option will drop the pair a strong growth of quotations above level 0.7660, which will point to the abolition of the model and the continued growth of quotations USD AUD.

AUD USD Forecast Australian Dollar on October 26, 2016

AUD USD Forecast Australian Dollar on October 26, 2016

We continue to hold to sell the pair and are ready to increase the volume of sales to the extent of the fall in quotations USD AUD.

AUD USD Forecast Australian Dollar on October 26, 2016 to fall suggests an attempt within the completion of work on wave pattern Wolfe and start working out the model’s head and shoulders.


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