30.03.2015 - The fall of the Australian currency accelerated

The price of the Australian dollar has accelerated reduction against the background a stronger US dollar, after a slight decline on Friday. As a result, the quotations have reached the target level of 0.7700 and then continued downward movement and with a high probability will reach 0.7600 in the near future. Our medium-term negative outlook with the target at 0.7500 remains unchanged and we recommend holding short positions on the Australian currency.

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