Currency pair Australian Dollar to US Dollar AUD/USD continues to move near the area of 0.7920. It is expected to rebound and the growth of quotations above the level of 0.8020. In favor of the growth of the pair AUD/USD is the test of the trend line on the indicator of relative strength index (RSI).
AUD/USD technical analysis & forecast on July 27, 2017
Cancellation of the growth option will be a drop and breakdown at the level of 0.7840, 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 of AUD/USD.
AUD/USD technical analysis & forecast on July 27, 2017 suggests an attempt to increase in the area above the level of 0.8010 within the rebound from the support line on the indicator of relative strength index (RSI), the breakdown will be a breakdown at the level of 0.7840.
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