Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, the pair is testing the area of the lower border of the uplink. It is expected to grow the pair in the area above the level of 0.7480, from which one should expect a fall attempt.
AUD/USD forecast Australian Dollar on May 25, 2017
In favor of reducing the pair will perform a test of the broken support line on the indicator of relative strength index (RSI). Expect the acceleration of the fall in quotations AUD/USD stands with the breakdown of the lower boundary of the rising channel.
Among the important news from Australia, which can have a strong impact on the Australian dollar, it is worth noting: RBA Deputy Governor Guy Debelle Speaks.
AUD/USD forecast Australian Dollar on May 25, 2017 suggests an attempt to increase in the area above the level of 0.7480, from which it is expected to try to fall quotes of the pair in the area below the level of 0.7420, an additional signal will test the resistance line on the indicator of relative strength index (RSI).
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