AUD USD Forecast Australian Dollar October 28, 2016


Currency pair Australian dollar against the US dollar AUD USD showed a fall and is currently retained potential for falling of pair of quotes in the area below the level of 0.75. Cancellation option will be a strong growth of quotations AUD USD higher than 0.77, which points to continued growth in the Australian dollar prices.

AUD USD Forecast Australian Dollar October 28, 2016

AUD USD Forecast Australian Dollar October 28, 2016

As you can see, the value of the indicator of the relative strength continues moving inside the descending channel, and there is potential for further reduction to below 30.

AUD USD Forecast Australian Dollar October 28, 2016 suggests an attempt to continue to fall below the level of 0.75 within continuation of the downward trend.


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