Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the area of 0.7792. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the support level near the area of 0.7750 and continue the growth with a target above the level of 0.8170.
AUD/USD weekly forecast on March 19 — 23, 2018
In favor of the growth of the pair, an uptrend line test will be performed on the indicator of relative strength index (RSI). Cancellation of the AUD/USD growth option will be a drop and breakdown at the level of 0.7640, which will indicate the breakdown of the support level and the continuation of the fall of the Australian Dollar to FOREX.
AUD/USD weekly forecast on March 19 — 23, 2018 suggests a test of the level of 0.7750 and the continuation of the growth above the level of 0.8170, in favor of the pair’s growth, a trend line test will be performed on the indicator of relative strength index (RSI), the cancellation of the growth variant will be the breakdown of the area of 0.7640, which will indicate on the breakdown of the support level and the continuation of the fall of the pair.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
