Currency pair Australian Dollar to US Dollar AUD/USD completes trading week at 0.7927. 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 Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.7900 level, from which it is expected to try to grow and develop the bullish trend for the pair with a target of growth near the level of 0.8160.
AUD/USD weekly forecast on September 4 — 8, 2017
Earlier, a weak signal was received for the sale of the pair Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7890. The cancellation of the growth of the quotations 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 0.7710, which will indicate the change of 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 0.8130.
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