Currency pair Australian Dollar US Dollar AUD USD continues to move in the downward trend. At this moment we should expect the test resistance area and attempt to continue falling Australian dollar quotations in the area below the level of 0.74.
AUD USD forex forecast on March 6, 2017
In favor of variant accelerating drop in prices pair performs a return to a broken line of resistance on the indicator of relative strength. Cancellation option can become a strong growth and a break of resistance area with the closing quotes above level 0.7620.
Among the important news from Australia that can influence the course of the currency pair AUD/USD, is to provide, Retail Sales.
AUD USD forex forecast on March 6, 2017 involves an attempt to continue falling with the potential to reduce the 0.74 level in the rebound from a broken trend line on the indicator of relative strength.
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