AUD/USD technical analysis and forecast on April 14

The currency pair AUD / USD is traded on Forex as expected. At the moment, the pair quotations are completing the formation of the right shoulder of the Forex reversal model Head and Shoulders. Next, expect the continuation of the because of the reversal model launch. An additional signal to fall is the TEN-T downward trend line on the RSI, which also points to the potential drop from current levels. The growth of AUD/USD quotations higher than the local maximum level may cancel the option of the reversal model formation.

audusd_14_april

 

 

 

 

 

 

 

 

 

 

 

 


 

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