Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the bullish channel. At this point, we should expect an attempt to break the lower border of the channel and continue to reduce the pair in the area below the level of 0.78.
AUD/USD forecast Forex & analysis on September 14, 2017
In favor of the fall of the pair, a breakdown of the upward trend line will appear on the relative strength indicator. The cancellation of the growth of the Australian Dollar quotations will result in strong growth and the closing of quotations above the level of 0.8130, which will indicate the continued growth of AUD/USD at Forex above the 0.82 area.
Among the important news from Australia, which may affect the rate of the AUD/USD, it is worth highlighting: Unemployment rate, Change in the number of employed.
AUD/USD forecast Forex & analysis on September 14, 2017 suggests an attempt to break the lower border of the channel and continue falling below the level of 0.78, in favor of the decline will break the support line on the indicator of relative strength index (RSI), the abolition of the decline option will be strong growth and breakdown of the area 0.8130.
