Currency pair Australian Dollar US Dollar AUD USD continues to move in the downward trend. Currently quotes pair AUD/USD testing resistance area, and there are risks to see continued declines in the region of the rising channel’s lower border region near 0.74.
AUD/USD Forecast Forex on March 7, 2017
In favor of the version of the fall of acts of resistance test on the indicator of relative strength. cancellation drop option may be sample area of 0.76, which indicates a potential test of the next resistance level near 0.7670 area. We try to keep a pair of sales and open new business in favor of fall.
Among the important news from Australia that can influence the course of the currency pair AUD/USD, is to provide, the Reserve Bank of Australia’s decision on the basic interest rate, as well as the accompanying statement, the Bank, it is expected that the rate will remain unchanged at 1.50%.
AUD/USD Forecast Forex on March 7, 2017 suggests an attempt to rebound from the resistance and the continued decline for the purpose of falling below the 0.74 area.
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