The currency pair AUD/USD on FOREX has not managed to fully complete the failure swing forex model, at the moment expect the attempt of falling and the down trend forming on the pair at the level lower than 0.7430. However if the Relative Strength Index grows higher than 70, the growth will probably continue. We try the aggressive sales with the close stop.
Technical analysis and forecast AUD/USD on March 24
Thus, the analysis and the FOREX forecast of AUD/USD for 24 March 2016 considers the falling attempt toward the area at the level 0.7430 in the framework of the failure swing forex model on the RSI.
