AUD/USD
For the first time in two years AUD/USD rose above 0.7800 on Friday. From a
technical point of view it is a very remarkable event, potentially indicating
the possibility of growth to the next target in the area of 0.80. However, it
is not necessary to hurry up with optimistic conclusions.
Over the past week AUD/USD has increased by more than 200 pips and correction now
would be welcome. The pair may fall to 0.77.
Follow us on our Website, Facebook or Twitter
Real Trade Client Support
E-mail: info@realtrader.org
