BUY AUD/USD forecast & technical analysis February 13, 2018

SIGNAL:BUY -

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the fall. At this point, we should expect an attempt to test the upper border of the channel near the area of ​​0.7890 and the continuation of falling quotations in the area below the level of 0.7680. In favor of the growth of the pair AUD/USD will perform a test of the support line on the indicator of relative strength index (RSI).

AUD/USD forecast & technical analysis February 13, 2018

The cancellation of the variant of the Australian Dollar price growth will be the fall and breakdown at the level of 0.7740, which will indicate the breakdown of the lower border of the channel and the continuation of the AUD/USD fall on Forex with a target below 0.7640.

AUD/USD forecast & technical analysis February 13, 2018 suggests an attempt to test the upper border of the channel near the area of ​​0.7890 and the continuation of the drop in quotations below the level of 0.7680, an additional signal in favor of the pair’s growth will be a trend line test on the relative strength index (RSI).