Currency pair Australian Dollar to US Dollar AUD USD continues to move within the development of the downward trend and at the moment quotations have broken through the local minimum area, it is expected to accelerate the fall of the pair into the area below the level of 0.75.
AUD/USD Forecast Australian Dollar on March 29, 2017
In favor of continuing the fall, act as a rebound from the broken trend line on the indicator of relative strength. We are trying to increase the sales of the pair AUD/USD with a close stop-loss above the area of 0.7655. Canceling the option of reducing the pair will be the return of quotes inside the rising channel. 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 29, 2017 suggests an attempt to continue falling into the area below the level of 0.75 within the rebound from the broken border of the rising channel.
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