12.09.2016 - After a strong decline is probable rebound of AUD/USD price

The price of the Australian dollar has shown a strong decline after has fixed beyond the local rising channel. As a result, the quotes reached an important level of 0.7500 and fixation below it will become the basis for the continuation of negative dynamics of price to 0.7320 and 0.7250. In case of rebound from the support at 0.7500 potential targets will be 0,7600-0,7650. According to our forecasts, the price decline will continue in the medium term to the levels 0,6800-0,7000.

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