Currency pair Australian dollar against the US dollar AUD USD continued its upward movement, contrary to expectations. At the moment, there is the potential for the formation of a forex model broadening formation.
AUD USD dollar exchange rate forecast — June 22, 2016
The purpose of the fall of quotations AUD USD is the area on the level below 0.72. Cancellation option quotations falling AUD/USD will be strong growth of the pair above the level of 0.75550, which will lead to the abolition of the model and trigger the growth of the Australian dollar prices. We are trying to sell AUD/USD with a close stop above the local maximum level.
AUD USD dollar exchange rate forecast — June 22, 2016 suggests the beginning of a pair of quotes fall within the mining model with the aim of expanding formation falling below 0.72.
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