18.10.2016 - We expect the fall of AUD/USD after recent gains
The price of the Australian dollar has shown a steady growth which accelerated after quotations fixed above the level of 0.7600. In case of overcoming the level of 0.7700, the growth will continue to 0.7800 and 0.8000. A more likely scenario according to our estimates, will be the resumption of negative dynamics within the range 0,7450-0,7700. Our medium-term outlook remains negative and we expect the resumption of the fall in the near future.