AUD/USD weekly forecast & analysis September 24 — 28, 2018


Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of ​​0.7298. The pair continues to move within the framework of the bullish correction. At the moment, we should expect an attempt of testing the support area near the level of 0.7200 and continuing the growth of AUD/USD with a target above 0.7475.

AUD/USD weekly forecast & analysis September 24 — 28, 2018

In favor of the growth of the pair on Forex will perform a test of a broken trend line on the indicator of relative strength index (RSI). Canceling the variant of AUD/USD growth on the current trading week on September 24 — 28, 2018 will be a decline and breakdown at the level of 0.7050, which will indicate the breakdown of the support area and the continued decline in the Australian Dollar on Forex.

AUD/USD weekly forecast & analysis September 24 — 28, 2018

AUD/USD weekly forecast & analysis September 24 — 28, 2018 assumes a test of the level of 0.7200 and the continuation of growth above the level of 0.7475, in favor of the growth of the pair, a trend line test will be performed on the indicator of relative strength index (RSI).


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