The currency pair Australian dollar to US Dollar AUD/USD is trading at 0.7579. The pair is trading 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 0.7590, from which one should expect a fall attempt near the level of 0.7530.
Ichimoku Kinko Hyo AUD/USD forecast on April 14, 2017
Earlier, we received a weak signal for purchases of the pair Australian dollar US dollar, due to the intersection of signal lines at the level of 0.7513. Consider buying is worth breaking through the upper boundary of the Ichimoku Cloud and closing the quotes above the level of 0.7600, in case of breaking through the lower boundary of the Ichimoku Cloud, we should expect the continuation of the downward trend development on AUD/USD.
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