Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At this point, we should expect an attempt to test the broken model of the «Triangle» model and continue the growth of quotations in the area above the level of 0.7760.
AUD/USD forecast Australian Dollar on December 22, 2017
In favor of the growth of the pair AUD/USD is the breakdown of the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of growth of quotations of the Australian Dollar will fall and breakdown at the level of 0.7625, which will indicate the continuation of the fall of AUD/USD on FOREX.
AUD/USD forecast Australian Dollar on December 22, 2017 suggests an attempt to drop quotes to the upper bound of the «Triangle» model near the level of 0.7670, where it is expected to continue the growth of AUD/USD with a target above 0.7760, an additional signal in favor of the decline will come test the trend line on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
