Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the fall. At the moment, we should expect a test of the level of 0.7650 and the continuation of the fall with a target below the level of 0.7550. In favor of the fall of the pair AUD/USD will perform a downward trend test on the indicator of relative strength index (RSI).
AUD/USD prediction & technical analysis on November 14, 2017
The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level of 0.7730, which will indicate the outflow of the quotes out of the downward channel and the continued growth of AUD/USD on Forex. Expect to accelerate the fall of the pair is with the breakdown of the lower boundary of the model «Triangle» and closing below 0.7600.
AUD/USD prediction & technical analysis on November 14, 2017 assumes a test of the level of 0.7650, from where it is expected to continue the fall of AUD/USD with a target below 0.7550, an additional signal in favor of the drop will be a resistance line test on the indicator of relative strength index (RSI), falling AUD/USD will be a breakdown at the level of 0.7720, it will indicate the outflow of quotes outside the «Triangle» model.
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