0
859
BNZ made a forecast for AUD/USD up to March 2017 estimating the ranging market condition for this pair.
As we see from the weekly chart - the nearest support levels are 0.7037 and 0.6907. If 0.7037 support level will be broken so 0.6907 will be the next bearish target. But as we see from the table - BNZ are not predicting for AUD/USD to break this final level up to Q1 2017.
| Pair | Q4 Dec'15 | Q1 Mar'16 | Q2 June'16 | Q3 Sep'16 | Q4 Dec'16 | Q1 Mar'17 |
|---|---|---|---|---|---|---|
| AUD/USD | 0.700 | 0.680 | 0.690 | 0.700 | 0.700 | 0.710 |
Thus, BNZ is expecting for this pair to be ranging within 0.7037 and 0.6907 key support levels.
