Currency pair Australian dollar against the US dollar AUD USD continued to fall and was not able to develop an upward correction in the framework of an inverted head and shoulders pattern. However, an currently retained potential for growth by forming a bullish failure swing pattern on the indicator of relative strength.
Forecast Australian Dollar AUD USD on July 26, 2016
The target of AUD USD quotations growth is the area above the level of 0.7510. Cancellation option of the growth of the Australian dollar against the US dollar fall in the camp of the pair below the level of 0.74, which points to a continuation of the downward movement.
Forecast Australian Dollar AUD USD on July 26, 2016 involves attempting upward correction within the mining model failure swing on the indicator RSI.
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