Currency pair Australian dollar against the US dollar AUD USD continues to trade in line with expectations and at the moment there is a potential for the continuation of decrease in pair AUD USD quotations in the region at a level below 0.7340.
AUD USD Forecast Australian dollar on July 13, 2016
Cancellation option of falling Australian dollar against the US dollar quotations will be strong growth above the level 0.7580, which will lead to the cancellation of a bearish pattern Wolfe waves. Once again, we are trying to sell AUD USD with a close stop loss and we are ready to increase the volume of sales to the extent of falling of pair.
AUD USD Forecast Australian dollar on July 13, 2016 Australian dollar to fall suggests the pair attempt to start mining within a bearish pattern Wolfe waves with a potential target below 0.7340.
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