The currency pair Australian Dollar to US dollar AUD/USD is trading at 0.7570. The pair broke through the Ichimoku Cloud and traded above its upper limit, indicating an upward trend in the pair Australian Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 0.7560, from which one should expect an attempt of growth and further development of the bullish trend for the pair near the level of 0.7630.
Ichimoku Kinko Hyo AUD/USD prediction on April 25, 2017
Earlier, a medium strength signal was received for purchases of the Australian Dollar pair of the US dollar, due to the intersection of the signal lines at the level of 0.7550. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 0.7510, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations AUD/USD stands with the breakdown of the local maximum area at the level of 0.7590.
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