The currency pair Australian Dollar to US Dollar AUD/USD has gone into the development of correction and is currently trading within the framework of the downward Forex 5-0 model. The target of the fall is the area at the level of 0.7480.
AUD/USD Forecast Australian Dollar on April 21, 2017
It is worth waiting for a rebound and drop attempt already from the current levels in the downlink resistance test on the relative strength indicator. By canceling the option of lowering the quotes of the Australian dollar pair, the breakdown of the area will be 0.7580, which will indicate the continuation of growth in the area above the level of 0.76.
Important news from Australia is not expected, so the pair will continue to move in the technical analysis of AUD/USD.
AUD/USD Forecast Australian Dollar on April 21, 2017 suggests an attempt to fall below the level of 0.7480 within the framework of working out the downward Forex model 5-0, the cancellation will be the breakdown of the area of 0.7580.
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