Currency Pair Australian Dollar New Zealand Dollar AUD/NZD is trading at 1.0960. Quotations The pair broke through the Ichimoku Cloud and began to trade above its upper limit, indicating that there is an upward trend in the pair Australian Dollar New Zealand Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.0920, from which it is expected to try to grow and develop the bullish trend for this pair with the aim of increasing the level of 1.1030.
Ichimoku Forecast AUD/NZD on April 3, 2017
Earlier, a weak signal was received for purchases of the Australian dollar New Zealand Dollar pair, due to the intersection of the signal lines at the level of 1.0840. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 1.0820, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations AUD/NZD stands with the breakdown of the local maximum area at the level of 1.1000.
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