Currency pair Australian Dollar to US Dollar AUD/USD continues to decline and is currently trading near the area of 0.7540. It is worth waiting for an attempt to continue the development of a downward trend with a potential target near the 0.74 area. In favor of the fall is the breakdown of the support line on the indicator of relative strength.
AUD/USD Forecast Australian Dollar on April 7, 2017
The cancellation of the variant of falling of quotations of the Australian dollar will be performed by the breakdown of the area of 0.7580, which will indicate the continued growth of the pair.
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 7, 2017 involves an attempt to continue the decline as part of the start of the development of the reversal model the double top with a potential downside target below the 0.72 area, in favor of the decline is the breakdown of the support line on the relative strength indicator.
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