AUD USD forecast for the week July 25, 2016 — July 29, 2016


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Currency pair Australian dollar AUD USD finished the current trading week of the fall, as we have long been contacted in the last forecast. At the moment, there is potential for upward correction attempts within the test line support on the indicator of relative strength.

AUD USD forecast for the week July 25, 2016 — July 29, 2016

AUD USD forecast for the week July 25, 2016 — July 29, 2016

However, the test is still room for a drop in prices USD AUD, so at the beginning of the next trading week is expected to attempt to drop a pair of Australian dollar against the US dollar to below 0.74, where you can seek opportunities for shopping.

AUD USD forecast for the week July 25, 2016 — July 29, 2016 suggests an attempt to test the trend line on the indicator of relative strength, then we should expect a rebound attempt and development of correction in the region at a level above 0.76, the cancellation option may be to break through the trend line indicator RSI.


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