Currency pair Australian dollar against the US dollar AUD USD continues to move through the development of a strong upward correction. At the moment, there is the potential for a tight test resistance area at 0.77 above the area where we can expect a rebound attempt and completion of an upward trend for the pair.
Forex AUD USD Forecast on February 3, 2017
Cancellation option can be a strong growth area and the breakdown of local maximum. Among the important news from Australia that can influence the course of AUD/USD is to provide, activity index in the services sector by AiG.
Forex AUD USD Forecast on February 3, 2017 suggests an attempt to continue its growth with strong test area above the level of 0.77, expected completion of uptrend is a breakdown of the lower boundary of the rising channel and the level of support.
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