Analysis Ichimoku Kinko Hyo AUD USD on January 9 — January 13, 2017


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Currency pair Australian Dollar AUD/USD is trading at 0.7293. The pair continues to move in the downward trend, and at the moment there is the potential to see a continuation of the fall to below 0.7050.

Analysis Ichimoku Kinko Hyo AUD USD on January 9 — January 13, 2017

As you can see, the Australian dollar quotes tight test Senkou B line, which suggests an attempt to rebound and continue falling.

Analysis Ichimoku Kinko Hyo AUD USD on January 9 — January 13, 2017

Cancellation option will be the development of the bearish trend breakdown of the upper limit of the Ichimoku Cloud and continued growth in the region above the level 0.7570, which will indicate the change of trend in favor of growth.


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