Currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7929. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an upward trend in the pair Australian Dollar US Dollar. The AUD/USD pair is expected to fall to the level of 0.7840, 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 0.8030.
Australian Dollar forecast AUD/USD on July 19, 2017
Earlier, we received a weak signal for buying of the Australian Dollar, due to crossing of the signal lines at the level of 0.7600. 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 0.7720, 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 the level of 0.7990.
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