28.05.2015 - The Australian dollar likely to fall to 0.7550

The price decline of the Australian dollar accelerated after has reached the target level of 0.7700, and has broken it. This fact is an incentive for the further drop in prices to the target level of 0.7550. Within the correction, quotations can return to the level of 0.7700. We expect a further decline in prices and recommend holding short positions with a stop above 0.7800 and objectives at 0.7550 and 0.7400.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.