15.09.2014 - The Australian dollar reached a target level
The price of the Australian dollar opened trading week with a gap down and reached the psychologically important level of 0.9000. In the near future the price may correct upwards and close the gap. For a penetration level of 0.9000 will be required a significant incentive. We expect the upward rebound or consolidate near current levels, but our medium-term outlook remains negative with the purpose of 0.8900.