The Australian dollar has been falling for five days in a row and found support on the MACD line on the daily timeframe. Today’s growth of the “Australian” is a reaction to the general weakening of the US dollar, although the APR stock indices are declining.
Obviously, the Australian investors are Theresa May. We can only designate levels for two scenarios. It will likely be 0.7263, 0.7272 and 0.7367. Probable areas will be at 0.7160 and 0.7022, which will coincide with the minimum target of 0.7022 on October 26.
The material has been provided by InstaForex Company – www.instaforex.com
AUD / USD pair
The Australian dollar has been falling for five days in a row and found support on the MACD line on the daily timeframe. Today’s growth of the “Australian” is a reaction to the general weakening of the US dollar, although the APR stock indices are declining.
Obviously, the Australian investors are Theresa May. We can only designate levels for two scenarios. It will likely be 0.7263, 0.7272 and 0.7367. Probable areas will be at 0.7160 and 0.7022, which will coincide with the minimum target of 0.7022 on October 26.
The material has been provided by InstaForex Company – www.instaforex.com
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