Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7661. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an bullish trend in the pair Australian Dollar/US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.7640, from which one should expect an attempt of growth and development of the bullish trend for the pair AUD/USD with the target of growth near the level of 0.7740.
AUD/USD forecast Australian Dollar on July 13, 2017
Earlier, we received a weak signal for buying of the pair Australian Dollar US Dollar, due to the crossing of signal lines at the level of 0.7600. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.7580, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations AUD/USD stands with the breakdown of the local maximum area at the level of 0.7715.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link