Australian Dollar FORECAST: May 12 2016


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The pair AUD USD Australian Dollar continues to trade in line with expectations and our forecast of USD AUD for tomorrow. Currently on the daily chart of the pair has the potential to continue to grow the Australian dollar quotations in the region at a level above 0.76. Cancellation of this variant of movement for the pair AUD / USD will drop in prices below the level of 0.7250 Aussie. An additional signal in favor of the beginning of the upward movement of the pair testing the rising trend line on the indicator of relative strength, which also involves an attempt to increase aud usd quotations.

Australian Dollar FORECAST: May 12 2016

Australian Dollar FORECAST: May 12 2016

Thus, Australian Dollar FORECAST: May 12 2016 suggests an attempt to rebound from the bottom of the bovine model 5-0 with the immediate goal aud usd stock is at a level above 0.76.


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