Commerzbank expects further fall in AUD / USD

Australian dollar during the European session is under pressure and coming to the region $ 0.9540. According to one dealer, active sellers are the pair of semi-official accounts. Market participants noted an interest in buying AUD / USD in the ninety-fifth the figure. The breakthrough of this level can be a catalyst for further downward movement of up to $ 0.9480/75, where the level of $ 0.9477 is the maximum of 4 October. In the long term employees Commerzbank expected to further reduce the Australian currency. Technical analyst, bank, Karen Jones, believes that the AUD / USD is able to touch a mark of $ 0.9390 and $ 0.9145 and potentially. Next, Jones expects drop pair to the 200-week moving average at $ 0.8919. The current rate of AUD / USD $ 0.9550.