AUD/USD: sell positions are advisable. Technical analysis of 16/05/2016

Forex analytics: Review and dynamics The USD dominates in the currency market today, after yesterday’s release of the minutes of the Fed meeting in April. The Australian currency is under pressure from several fundamental factors (see “Fundamental analysis). Since the beginning of May the pair AUD/USD has lost over 400 points. The decline in the pair AUD/USD continues.The pair has broken important support ...