Wednesday, October 21, 2009

BNP Paribas expects slowdown in the Australian currency

Pair AUD / USD has reached its goal BNP Paribas at the level of 0.9291 and now can grow to the area 0.9399 - 0.9499. Nevertheless, these levels will not be passed quickly. Analysts say the bank, the growth of couples will occur less rapidly with possible rollbacks, thus act as a support level of 0.9028 in the case of a breakthrough which follows a major obstacle to become a mark 0.8945. At the moment pair AUD / USD traded at 0.9222.

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