Currency pair Australian Dollar AUD/USD is trading at the 0.7232 level. Quotes pair traded in the Ichimoku Cloud, which suggests the presence of a lateral trend for the pair.
Analysis Ichimoku Kinko Hyo AUD/USD on January 4, 2017
We should expect a tight test of cloud, but it is recommended to consider the opening of a pair of positions only going beyond the clouds indicator Ichimoku Kinko Hyo.
At the moment, an alarm was received average power in favor of the sales, but should wait for the confirmation of a drop below 0.7160 area, which point to continued decline. Cancellation option will sample cloud up and closing at 0.7255.
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