The currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7532. The pair broke through the Ichimoku Cloud and is trading below its lower limit, indicating a downward trend in the pair Australian Dollar. It is expected to test the lower boundary of the Ishimoku Cloud near the level of 0.7540, from which one should expect an attempt to fall and further develop the bearish tendency for a pair near the level of 0.7480.
Ichimoku Kinko Hyo AUD/USD prediction on April 26, 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 fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 0.7570, which will indicate a change in the downward trend in favor of the ascending trend. Expect the acceleration of the fall in quotations AUD/USD stands with the breakdown of the local minimum area at the level of 0.7500.
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