Currency pair Australian Dollar AUD/USD The yen is trading at 0.7674. Currently quotes penetrate the lower boundary of Ichimoku Cloud that will point to a continuation of falling of quotations in the area below the level of 0.7620.
Ichimoku Kinko Hyo forecast AUD/USD on February 28, 2017
Previously it received a weak signal in favor of the sales, but it is worth to squeeze close below the 0.7645 area and should consider selling the pair. Cancellation option to continue falling AUD/USD will break-down area of 0.7690, which again points to the resumption of bullish trend for the pair AUD.
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