Currency Pair Australian Dollar against US Dollar AUD USD continues to move in a downgrade, pair quotes were able to push off the resistance area and there is a potential for continuing the fall with the first target at 0.7520. The breakdown of this area will indicate the continuation of a decrease to the area of the lower border of the uplink at the level of 0.74.
AUD/USD Forecast Australian dollar on March 9, 2017
We continue to hold sales of the pair and increase sales as the decline in quotations develops. The cancellation of the fall option will be a strong growth and breakdown of the area of 0.7650, which will indicate the continuation of the upward trend in 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 March 9, 2017 involves an attempt to continue falling to the area below the level of 0.7520, the breakdown of which will cause the acceleration of the fall in the area of the lower border of the rising channel.
