Forex forecast Australian Dollar (AUD/USD) on February 10, 2017


Currency pair Australian dollar against the US dollar AUD USD continues to move in the upward correction and at the moment there is a potential for another test area of the local maximum and the beginning of fall in the rebound from the resistance line on the indicator of relative strength on the daily chart of the AUD/USD.

Forex forecast Australian Dollar (AUD/USD) on February 10, 2017

In favor of the drop in prices will make a pair of sample ascending trend line on the indicator of relative strength that will indicate a potential drop to below the level of 0.7500.

Forex forecast Australian Dollar (AUD/USD) on February 10, 2017

Among the important news from Australia that can influence the course of AUD/USD is to provide, Announcement of the monetary policy of the Reserve Bank of Australia.

Forex forecast Australian Dollar (AUD/USD) on February 10, 2017 involves test 0.7680 area try, where once again we can expect falling of pair of quotes in the area below the 0.7500 level, we hold a deal to sell the pair with the tight stop above the local maximum level and are ready try new deal with the development of a fall.


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