23.03.2016 - The Australian dollar can change the upward trend to the fall

The price of the Australian dollar after consolidation above the 0.7575 level of, has started to decline, and broke through the support level in case of breaking through the rising channel's lower border, we expect a continuation of price decline to the levels 0.7400 and 0.7250. The growth in the near future is limited by the resistance level at 0.7675. We expect a continuation of negative denamics in the near future and medium term.

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