Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At the moment, the values of the indicator of relative strength index (RSI) have broken through the uptrend line and were able to test it from below, which indicates a potential rebound and a fall of the pair.
AUD/USD forecast Australian Dollar on May 26, 2017
It is worth waiting for an attempt to continue the decline in the area below the level of 0.7390. By canceling the option, the breakdown of the local maximum area is lamenting, in this case we should expect the continuation of the pair AUD/USD growth.
Important news from Australia is not expected, so the pair will continue to move in the technical analysis AUD/USD.
AUD/USD forecast Australian Dollar on May 26, 2017 suggests an attempt to break the lower border of the rising channel and the fall of quotations in the area below the level of 0.7390, the cancellation of the fall will be the breakdown of the local maximum area, which will indicate the continued growth of the pair’s quotations.
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