Currency pair Australian Dollar US Dollar AUD USD continues to decline within the descending wave pattern Wolfe and is currently trading at 0.7507. Now there is the potential for the continuation of falling of pair of quotes in the area below the 0.7380 level, but in the case of upward correction is expected to test the area at the level of 0.7560, where again you can try to sell the pair with the tight stop loss.
AUD USD forex forecast on September 1, 2016
We continue to hold the sale, but in the case of trying to close the position correction are ready and waiting for completion of the upward correction.
AUD USD forex forecast on September 1, 2016 assumes a continuation of falling of pair within quotation of the descending pattern Wolfe waves with the immediate goal of the fall in the level of 0.7380.
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