AUD/USD forecast Australian Dollar on June 22, 2017


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Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7559. The pair is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Australian Dollar. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 0.7580, from which it is expected to test the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.7550.

AUD/USD forecast Australian Dollar on June 22, 2017

AUD/USD forecast Australian Dollar on June 22, 2017

Previously, a strong signal was received for buying of the pair of the Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7544. Consider buying is worthwhile with the breaking of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes above the level of 0.7600, in the case of breaking the lower boundary of the Cloud, Ichimoku Kinko Hyo should expect the continuation of the bearish trend development on AUD/USD.


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