Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7944. 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’s AUD/USD pair is expected to fall to the level of 0.7900, from which it is expected to try to grow and develop the bullish trend for the pair AUD/USD with the target of growth near the level of 0.8100.
Australian Dollar forecast AUD/USD on July 25, 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 0.7863. 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 0.7800, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations AUD/USD is with the breakdown of the local maximum area at 0.8040.
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