Wednesday, August 26, 2020

AUD/USD Evaluation of Forecast for the Month of August 2020


 


August 2020 Actual Performance. From August 3 up to 19 price hits from 0.70806 up to 0.72742 sideways up to 01:17 PHT to date August 26 with the price of 0.71751. Pips goes down around 991 points or pips.

Forecast of 1750 pips or points fall short by -759 points or pips. Forecast of bouncing back to 0.69000 price level still waiting for this coming days from August 28 up to 31. We're still expecting for -2751 pips or points from 0.71751 - 0.69000 price levels.

In summary for the whole month of August 2020 currency price goes sideways.

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