Currency pair Australian dollar against the US dollar AUD USD continues to decline, and was able to push down the quality in the rebound from the downward trend line on the indicator of relative strength. Currently retained potential for further pair of quotes fall to below 0.7450 within the output value relative strength indicator outside the triangle pattern that can cause serious drop in prices AUD/USD.
FOREX Forecast Australian Dollar on October 14, 2016
Cancellation option will be a strong increase in the Australian dollar quotes above level 0.7590, which will point to the continued growth of quotations.
FOREX Forecast Australian Dollar on October 14, 2016 requires correction and continues the attempt to reduce a yield of the Relative Strength indicator values outside the triangle model.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link