Currency pair Australian Dollar to US Dollar AUD USD continues to move in the upward correction, quotes could break through the lower boundary of the channel, and the potential for a fall to below the level of 0.76 is maintained.
Australian Dollar Forecast (AUD/USD) on February 28, 2017
In favor of the version of the fall of the Australian dollar quotes appears breakdown of the trend line on the indicator of relative strength. Cancellation option quotations falling AUD/USD will be strong growth above the local maximum level that points to a continuation of an upward trend for the pair.
Among the important news from Australia that can influence the course of the currency pair AUD/USD, we should mention, the current account balance of the balance of payments.
Australian Dollar Forecast (AUD/USD) on February 28, 2017 involves an attempt to fall below the level of 0.76 in the framework of working out the broken trend line on the indicator of relative strength.
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