Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At this point, we should expect a rebound attempt from 0.8030 level and fall into the area below the level of 0.7800. In favor of the fall of the pair is the resistance area test on the relative strength indicator (RSI).
AUD/USD forecast & technical analysis on September 7, 2017
The cancellation of the variant of the Australian Dollar price decrease will be a breakdown at the level of 0.8060, which will indicate continuation of AUD/USD growth on Forex above the area of 0.8250. To expect the acceleration of falling quotes is with the breakdown of the support level and the closing of quotations below 0.7960.
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 & technical analysis on September 7, 2017 suggests an attempt to fall below 0.7800, in favor of the drop is the resistance area test on the relative strength indicator (RSI), the cancellation will be a strong growth and breakdown at 0.81.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
