AUD/USD weekly forecast on March 19 — 23, 2018


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

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.


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