Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment, we should expect a resistance level near the level of 0.7590 and continuation of the fall of the pair with a target below 0.7420.
AUD/USD prediction & technical analysis on November 21, 2017
In favor of the fall of the pair AUD/USD will perform a bearish resistance test on the indicator of relative strength index (RSI). The cancellation of the variant of falling of the Australian Dollar quotations will be a strong growth and breakdown at the level of 0.7650, which will indicate the continued growth of AUD/USD on Forex.
AUD/USD prediction & technical analysis on November 21, 2017 suggests a test of the resistance level near the area of 0.7590, from where it is expected to continue the fall of AUD/USD with a target below 0.7420, an additional signal in favor of the drop will be a test of the resistance line on the indicator of relative strength index (RSI), the cancellation of the AUD/USD fall will be a breakdown at the level of 0.7650.
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