Currency pair Australian dollar against the US dollar AUD USD is still trading within the descending pattern Wolfe waves with the potential aim of improving on the level below 0.7260.
AUD USD Forecast Australian Dollar on July 18, 2016
Cancellation option will be the mining model strong growth of quotations AUD USD 18 July 206, the higher the level of 0.77, which indicates continued growth en pair Australian dollar against the US dollar. We continue to hold the sale and try to increase the volume of sales of the litter fall. An additional signal in favor of the USD AUD quotations fall is the formation of topping forex head and shoulders pattern on the indicator of relative strength, it also points to a continuation of the fall of AUD USD.
AUD USD Forecast Australian Dollar on July 18, 2016 assumes continuation of falling of pair as part of the descending pattern Wolfe waves with a potential target at 0.7260 below.
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