Ichimoku Kinko Hyo AUD/USD Forecast on April 17 — 21, 2017


The currency pair Australian dollar to US dollar AUD/USD finished the trading week at the level of 0.7574. 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 0.7600, from which it is expected to attempt a fall near the level of 0.7510.

Ichimoku Kinko Hyo AUD/USD Forecast on April 17 — 21, 2017

Ichimoku Kinko Hyo AUD/USD Forecast on April 17 — 21, 2017

Earlier, a medium strength signal was received for the sale of the Australian dollar dollar pair, due to the intersection of the signal lines at the level of 0.7610. Consider selling is worth breaking through the lower boundary of the Ichimoku Cloud and closing the quotes below the level of 0.7480, in case of breaking through the upper boundary of the Ichimoku Cloud, we should expect the continuation of the upward trend development on AUD/USD.


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