Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the rising channel. It is worth waiting for the test of the lower border of the channel and the continuation of the growth of the pair with a target above the area of 0.8090.
AUD/USD forecast & technical analysis on August 3, 2017
In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of the growth of quotations will be the fall and breakdown of the area of 0.7870, which will indicate the continued decline of the pair.
Important news from Australia is not expected, so the pair will continue to move in the technical analysis AUD/USD.
AUD/USD forecast & technical analysis on August 3, 2017 involves an attempt to test the lower border of the channel and the continuation of the growth of quotations in the area above 0.8090, an additional signal will be a trend line test on the indicator of relative strength index (RSI).
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