Currency pair Australian Dollar to Japanese Yen AUD/JPY is trading at 83.079. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an upward trend in the pair Australian Dollar/Yen. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 82.900, from which it is expected to attempt an increase and development of the bullish tendency for the pair with a target of growth near the level of 83.800.
AUD/JPY forecast Japanese Yen on June 9, 2017
Earlier, a weak signal was received for buying the Australian Yen Dollar pair, due to the crossing of signal lines at 82.320. The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations of the pair below the area of 82,200, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations AUD/JPY is with the breakdown of the local maximum area at 83.700.
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