Forex forecast for 6 April 2017.
The Australian dollar is falling again today. In the morning the currency lost almost 0.5% against the dollar and tested the lows of mid-March in the area of 0.7533 on China's PMI report. Indexes fell to the lowest levels since September 2016.
The yen continues to grow in the whole market. Technically, the daily close below 110.50 will be the reason for moving to the area of 110.10/00, and further - in the middle of the range 109.00-108.00.
Yesterday pound was quite predictable and bounced from support level of 1.2420. Today GPB/USD tested the resistance at 1.2500, but adjusted to 1.2488 area. In a short term perspective, the currency can reach 1.2600 before it turns down again.