FOREX FORECAST FOR 30 AUGUST

FOREX FORECAST FOR 30 AUGUST

30 August 2017, 12:23
Real Trade
0
24

AUD/USD

The pair came close to the resistance of 0.80
today, after the data on the construction sector were published.

Within the short-term dynamics the pair moved to a new range, and now its movement is limited by the levels of 0.80-0.7960/50. For the growth resumption in the medium term, a sure breakthrough of resistance 0.80 and reliable fundamental stimulus will be required.

In the near future the pair movements will be limited by the resistance zone of 0.7990-0.80 and the support zone of 0.7865-50.


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