Currency pair Australian Dollar to US Dollar AUD/USD continues to move in near area 0.7580. It is worth waiting for an attempt to test the bottom of the rising channel and continue the growth of the pair in the area above 0.7650.
AUD/USD forecast Australian Dollar on July 7, 2017
In favor of the growth of the AUD/USD pair will perform a tight test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of growth will be a fall and breakdown of the area of 0.75, which will indicate the continued decline of the pair.
Important news from Australia, which may have an impact on the AUD/USD exchange rate, is not expected, so the pair will continue to move in the technical analysis of AUD / USD.
AUD/USD forecast Australian Dollar on July 7, 2017 suggests an attempt to increase to an area above the level of 0.7650 as part of the completion of the «Head and Shoulders» reversal pattern, from which it is expected to continue the decline of the pair.
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