Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.8103. At this point, you should expect a level test above the area of 0.8140. Where again we should expect the continuation of the decline in quotations AUD/USD in the support area near the level of 0.7800. In favor of the fall of the pair is the test of the trend line on the indicator of relative strength index (RSI).
AUD/USD weekly forecast on September 11 — 15, 2017
The cancellation of the AUD/USD fall will be triggered by a break of 0.82, indicating that the Australian Dollar will continue to grow in Forex. Expect the acceleration of the decline is with the breakdown of the support level and the closing of quotations below the area of 0.7700, in this case, the target of the drop will be the area of 0.7350.
Among the important news from Australia, which may have an impact on the Australian Dollar rate, it is worth highlighting: Unemployment rate, Change in the number of employed.
AUD/USD weekly forecast on September 11 — 15, 2017 suggests an attempt of the test of the area 0.8140, from where it is expected to fall the pair AUD/USD in the area below the level of 0.7800, an additional signal is the resistance line test on the relative strength indicator, the drop cancellation will be the breakdown of the area 0.82.