The currency pair AUD/USD on Forex is still traded in the framework of the model failure swing, currently expect the correlation attempt to the area slightly higher than level 0.7660, from where you can try to sell with the goal lower than 0.7570. The quotations growth of AUD higher than local maximum and the growth of RSI higher than level 70 can cancel the completion of the reversal model on the Relative Strength Index.
Daily forex forecast/signal AUD/USD on March 23
Thus, the analysis and the Forex forecast AUD/USD for 23 March 2016 considers the AUD/USD quotations growth to finish the completion of the failure swing model formation and AUD/USD falling toward the area at the level 0.7570.
