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 0.7270. At the moment, we should expect a test of the resistance area near the level of 0.7305 and the continuation of the fall of quotations in the area below the level of 0.7130.
AUD/USD forecast Australian Dollar September 25, 2018
In favor of the fall of the pair AUD/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of the Australian Dollar price reduction will be a strong growth and breakdown at the level of 0.7335, which will indicate the breakdown of the resistance area and the continued growth of AUD/USD on Forex with a potential target above 0.7465. Expect to accelerate the development of the decline in the pair is with the breakdown of the support area and the closing of quotations below the level of 0.7165.
AUD/USD forecast Australian Dollar September 25, 2018 suggests an attempt to test the resistance level near the area of 0.7305 and the continuation of the fall of the pair’s quotes below the level of 0.7130, an additional signal in favor of the pair’s decline will be a trend line test on the relative strength index (RSI).
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