Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7247. At the moment, we should expect an attempt to test the support area near the level of 0.7225 and continue the growth of quotations in the area above the level of 0.7345.
AUD/USD forecast Australian Dollar September 26, 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). The cancellation of the growth of the Australian Dollar quotes will result in a drop and breakdown at the level of 0.7195, which will indicate the breakdown of the lower border of the channel and the continuation of the AUD/USD fall on the Forex with a potential target below 0.7135. 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 0.7315.
AUD/USD forecast Australian Dollar September 26, 2018 assumes an attempt to test the support level near the area of 0.7225 and the continuation of the pair’s quotes rise above the level of 0.7345, an additional signal in favor of the pair’s growth will be a trend line test on the relative strength index (RSI).
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