The currency pair Australian Dollar to US dollar AUD/USD is trading at 0.7641. The pair continues to trade inside the Ichimoku Cloud, which indicates the presence of a lateral trend in the pair Australian Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.7670, from which one should expect a fall attempt with the aim of lowering the level of 0.7580.
Ichimoku Forecast AUD/USD on March 30, 2017
Earlier, a weak signal was received for the sale of the Australian dollar, the Canadian dollar, due to the intersection of the signal lines at the level of 0.7695. Cancellation of the reduction option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 0.7690, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotations AUD/USD stands with the breakdown of the local minimum area at the level of 0.7620.
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