Currency pair Australian Dollar to US Dollar AUD USD continues to trade within a descending forex model. At the moment, there is potential for a rebound from the top of the model and development fall within a bearish pattern mining quick 1:1, the target of the fall is the area below the 0.7450 level, the abolition of the fall will be a breakdown of the upper limit of the downward channel.
AUD USD Forecast Australian Dollar on September 2, 2016
In this case, we can expect growth of quotations attempt AUD USD in the area above the level of 0.76, which will test the descending trend line, which again points to the fall.
AUD USD Forecast Australian Dollar on September 2, 2016 suggests an attempt to fall within the mining model fast 1:1 in order to lower the level of 0.7450.
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