Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7502. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the pair Australian Dollar to US Dollar AUD/USD. It is expected to test the area of signal lines near the level of 0.7470, from which one should expect an attempt of growth and development of the bullish trend for the pair AUD/USD near the level of 0.7610.
AUD/USD prediction & signals on May 24, 2017
Earlier, a weak signal was received for buy of the pair Australian Dollar to US Dollar AUD/USD, due to the crossing of signal lines at the level of 0.7375. 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 0.7400, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations AUD/USD stands with the breakdown of the local maximum area at the level of 0.7580.
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