Currency pair Australian Dollar to US Dollar AUD/USD completes trading week at 0.7685. The pair is trading 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 0.7610, from which it is expected to try to grow and develop the bullish tendency for the pair with the target of growth near the level of 0.7830.
AUD/USD weekly forecast on July 3 — 7, 2017
Earlier, a weak signal was received for buying of the pair Australian Dollar to US Dollar, due to the crossing of signal lines at the level of 0.7442. The cancellation of the growth of the quotes of the pair 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 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 0.7790.
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