Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. At this point, we should expect an attempt to rebound from the lower border of the channel and continue growing above the level of 0.81.
AUD/USD forecast Forex & analysis on September 13, 2017
In favor of the growth of the pair is the test of the bullish trend line on the indicator of relative strength index (RSI), as well as the test of the support area. The cancellation of the variant of the Australian Dollar price growth will be the breakdown of the lower border of the channel and the closing of quotations below the level of 0.7965, which will indicate that the AUD/USD decline continues to fall below the 0.7880 area.
Important news from Australia, which may have an impact on the rate of the AUD/USD pair, is not expected therefore the pair will continue to move in the technical analysis AUD/USD.
AUD/USD forecast Forex & analysis on September 13, 2017 suggests a rebound from the lower border of the channel and the continuation of growth above the level of 0.81, in favor of growth is the test of the support line on the indicator of relative strength index (RSI).