24.03.2015 AUD USD

Forex Technical Analysis 24.03.2015 AUD USD

FXTM Online Analysis Department.

AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar has finished another ascending wave. We think, today the price may fall towards level of 0.7720, thus forming a consolidation channel.

 If the market breaks this channel upwards, the correction may continue as the fourth wave; if downwards – continue falling and reach a new low.