Currency pair Australian Dollar US Dollar AUD USD continues to trade within the forex reversal mining model head and shoulders. The purpose of the fall and testing of such a model is the area below the level of 0.72.
AUD USD Forecast Australian Dollar on September 13, 2016
Cancellation option to continue falling Australian dollar quotations will be strong price growth above the level 0.7750, which will point to the abolition of the model and the continued growth of the Australian dollar against the US dollar. We continue to hold short positions on the pair and a breakdown of the level curve of the neck is ready to increase the volume of sales AUD USD.
AUD USD Forecast Australian Dollar on September 13, 2016 suggests an attempt to continue the pair quotes fall within mining reversal pattern Forex Head and Shoulders.
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