AUD USD FOREX forecast — May 19, 2016


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The pair AUD USD continues to trade in FOREX as part of the formation of inverted head and shoulders pattern. It is necessary to expect the beginning of growth from current levels to above the 0.7450 area.

AUD USD FOREX forecast — May 19, 2016

AUD USD FOREX forecast — May 19, 2016

Cancellation option will drop the growth aud usd quotations in the region at a level below 0.7250. This will cancel the bullish head and shoulders pattern. AUD USD FOREX forecast — May 19, 2016 suggests an attempt to increase pair of quotes within the mining forex pivot head shoulders pattern with the target at a level above 0.7450.


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