The pair AUD USD Australian Dollar continues moving inside the bullish trend and is trading above the Ichimoku Cloud and above the level of the signal lines. At this moment we should expect the test area of 0.76 and an attempt to continue the growth of quotations of the pair in the area above the level of 0.78.
Forex AUD/USD Forecast on March 2017
Cancellation option of continuing growth can become a fall and a break area of the lower border of the Ichimoku Cloud with the closing quotation AUD/USD below 0.74, which indicates the potential change in favor of a downward trend for the purpose of falling below the 0.7150 area. Expect faster growth of quotations of Australian Dollar is a breakdown field of a local maximum.
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