Currency pair Australian Dollar US Dollar AUD USD is still trading within the descending pattern Wolfe waves. At the moment, there is potential for further drop in prices pair and accelerate the fall due to the rebound from the resistance area.
AUD USD forex forecast on August 31, 2016
We are actively increasing our sales and are willing to try new sales with a breakdown field of the local minimum. Cancellation option quotations falling AUD USD will be strong growth above the level of 0.78, which cancels the model and point to a continuation of growth of pair.
AUD USD forex forecast on August 31, 2016 suggests an attempt to fall within the mining extensions bearish Wolfe wave model with a view to fall below 0.72 area.
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