Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of growth. At the time of publication of the forecast, the rate of the Australian Dollar against the US dollar is 0.7264. At the moment, we should expect an attempt to test the support area near the level of 0.7215 and continue the growth of quotations in the area above the level of 0.7380.
AUD/USD forecast Australian Dollar September 21, 2018
In favor of the growth of the pair AUD/USD will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the variant of the Australian Dollar price growth will be a decrease and a breakdown at the level of 0.7185, which will indicate the breakdown of the support area and the continuation of the AUD/USD decline on Forex with a potential target below the level of 0.7095. Expect to accelerate the development of growth for a pair is with the breakdown of the resistance area and the closing of quotations above the level of 0.7295.
Important news from Australia, which may have an impact on the rate of the AUD/USD pair, is not expected, so the pair will continue to move in the technical analysis.
AUD/USD forecast Australian Dollar September 21, 2018 involves trying to test the support level near the area of 0.7215 and continuing the growth of the pair’s quotes above the level of 0.7380, an additional signal in favor of the pair’s growth will be a trend line test on the indicator of relative strength index (RSI).
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