Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7585. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Australian Dollar/US Dollar. The pair is expected to fall near AUD/USD near 0.7560, from which it is expected to try to grow and further develop the bullish trend with the first target near the level of 0.7650.
AUD/USD forecast Australian Dollar on June 15, 2017
Earlier, a strong signal was received for buying of the pair Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7544. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 0.7450, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations AUD/USD is with the breakdown of the local maximum area at the level of 0.7620.
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