Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the moment, we should expect a test of the level of 0.7680 and continuation of the fall of the pair with a target below 0.7510. In favor of the fall of the AUD/USD pair, a resistance area test will be performed on the relative strength index (RSI).
AUD/USD forecast & technical analysis on December 15, 2017
The cancellation of the variant of falling of the Australian Dollar quotes will be a strong growth and breakdown at the level of 0.7710, which will indicate the continued growth of AUD/USD on Forex. Expect to accelerate the fall of quotations is with the breakdown of the level of 0.7600.
AUD/USD forecast & technical analysis on December 15, 2017 assumes an attempt to test the upper boundary of the «Expanding Triangle» model near the level of 0.7680, where it is expected to continue the fall of AUD/USD with a target below 0.7510, an additional signal in favor of the decline is the test the resistance area on the relative strength index (RSI), the cancellation of the AUD/USD fall variant will be a breakdown at the level of 0.7710.
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