The currency pair Australian Dollar to US Dollar AUD/USD continues to decline and has so far been able to break through an important support area near 0.76. It is worth waiting for an attempt to continue the decline in the area below the level of 0.75.
AUD/USD Forecast Australian Dollar on April 5, 2017
In favor of the fall is the breakdown of the ascending trend line on the indicator of relative strength. The cancellation of the fall option may be a strong increase above the level of 0.7650. Also, do not exclude a tight test of the punched level of 0.76 and after this continuation of the decline.
Among the important news from Australia, which can have a strong impact on the Australian dollar, it is worth highlighting, the index of activity in the service sector from AiG.
AUD/USD Forecast Australian Dollar on April 5, 2017 suggests an attempt to continue reducing the pair in the area below the level of 0.75 within the rebound from the broken trend line on the indicator of relative strength.
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