The currency pair Australian Dollar to US Dollar AUD/USD is trading at 0.7497. The pair is trading below the lower limit of the Ichimoku Cloud, indicating a downward trend in the pair Australian Dollar. A test of the signal line area near the level of 0.7525 is expected, from which it is expected to try to fall and further develop the bearish trend for the pair near the level of 0.7430.
Ichimoku Kinko Hyo forecast AUD/USD on April 27, 2017
Earlier, a strong signal was received for the sale of the pair Australian Dollar, due to the intersection of signal lines at the level of 0.7542. Cancellation of the fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 0.7575, 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 is with the breakdown of the local minimum area at the level of 0.7480.
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