Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of an bullish correction. At the moment, we should wait for the test of 0.8075 level and continue the decline of the pair in the area below the level of 0.7875. In favor of the fall of the pair, a down trend line test will perform on the relative strength indicator (RSI).
AUD/USD forecast Forex & analysis on September 21, 2017
The cancellation of the variant of the Australian Dollar price fall will be strong growth and closing above the level of 0.8150, which will indicate the continued growth of AUD/USD at FOREX above the area of 0.8250. Expect to accelerate the fall is with the breakdown of the level of 0.7940.
Among the important news from Australia, which may affect the rate of the AUD/USD pair, it is worth highlighting: Speech by the head of the Reserve Bank of Australia.
AUD/USD forecast Forex & analysis on September 21, 2017 assumes an attempt to test the level of 0.8075 and the beginning of the fall with a potential target near the level of 0.7875, in favor of the decline will test the resistance line on the indicator of relative strength index (RSI), the abolition of the decline option will be strong growth and breakdown of the region 0.8150.