Currency pair Australian Dollar to US Dollar AUD/USD completes trading week at 0.7564. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above the upper limit, indicating an bullish trend in the Australian Dollar/US Dollar pair. Ichimoku Kinko Hyo Cloud near the level of 0.7550 is expected to be tested, from which it is expected to try to grow and develop the bullish tendency for the pair with the purpose of growth near the level of 0.7710.
Australian Dollar forecast AUD/USD on June 26 — 30, 2017
Earlier, a weak signal was received for buying of the pair Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7442. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.7440, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations AUD/USD stands with the breakdown of the local maximum area at the level of 0.7680.
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