The pair AUD USD continued to fall in the FOREX, but in our weekly forecast AUD USD on 05.16.2016 — 05.20.2016, we have assumed an option to bounce up in the framework of the beginning of the mining model bovine 5-0. At the moment, small time intervals indicate rather the continuation of the downward trend with a view to below 0.72.
Forecast FOREX AUD/USD for tomorrow May 17, 2016
Consider selling the pair at the time of the test downward trend line on the indicator of relative strength. Cancellation option of falling quotations AUD USD 17.05.2016 will be the pair above the 0.7360 level. Thus, Forecast FOREX AUD/USD for tomorrow May 17, 2016 suggests a continuation of the downward trend in the rebound from the resistance line on the indicator of relative strength.