Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the formation of the bullish model of the Wolfe wave. At the moment, we should expect an attempt to fall into the area below the level of 0.7850, where again we should expect the pair to continue growing above 0.8050.
AUD/USD prediction & technical analysis on September 26, 2017
In favor of the rebound pair will perform a test of the support area on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price reduction will result in strong growth and closing above 0.8020, which will indicate the continued growth of AUD/USD at Forex above 0.8170 area.
Important news from Australia, which may have an impact on the rate of the AUD/USD pair, is not expected, so the pair will continue to move in the technical analysis.
AUD/USD prediction & technical analysis on September 26, 2017 suggests an attempt to continue the decline to the area below 0.7850, where we expect the rebound and growth of the pair above 0.8050, the cancellation of the decline option will be strong growth and breakdown of the area 0.8020.
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