Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7595. The pair continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Australian Dollar/US Dollar. The upper boundary test of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.7600, from which one should expect a rebound attempt and further development of the bearish trend with the target of falling near the level of 0.7500.
Australian Dollar forecast AUD/USD on November 30, 2017
Earlier, a weak signal was received for purchases of the pair Australian Dollar US Dollar, due to the intersection of signal lines at the level of 0.7575. The cancellation of the fall of the quotes of the pair will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.7645, indicating a change in the flat trend in favor of a bearish trend. Expect to accelerate the fall in quotations AUD/USD stands with the breakdown of the lower boundary of the Cloud and the closing below the level of 0.7545.
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