Currency pair Australian Dollar to US Dollar AUD USD continues to move upward within the model 5-0, at the moment we should expect a rebound attempt and the growth of a pair of quotes in the area near the level of 0.77, where is pressed again reduce to 0.76.
AUD/USD Forecast Australian Dollar on March 23, 2017
In favor of a rebound from the current levels of testing the rising trend line on the indicator of relative strength. In case of breaking the lower border of the channel and the closing quotations of Australian Dollar pair below 0.7590 area, is expected to continue falling in the area below the level of 0.7520.
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 March 23, 2017 suggests an attempt to increase to 0.77, where is expected to drop for the purpose near the level of the ascending channel’s lower border.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
