The Currency pair Australian dollar to US dollar AUD/USD is trading at the level of 0.7631. The pair is trading inside the Ichimoku Cloud, which indicates the presence of a lateral trend in the pair Australian Dollar. AUD/USD will move for some time inside the Cloud. It is expected to test the upper limit of the Ichimoku Cloud near the level of 0.7680, from which one should expect a fall attempt with the aim of lowering the level of 0.7490.
Ichimoku Kinko Hyo forecast AUD/USD on March 28, 2017
In case of quotes exit beyond the lower limit of Ichimoku, one should expect an attempt to continue the decline in quotations of the Australian dollar. If the pair shows an upward exit it is worth squeezing the signal formation in favor of purchases by crossing the signal lines into the purchase. Earlier, a weak signal was received for the sale of the Australian dollar pair of the US dollar, due to the intersection of signal lines at the level of 0.7690. Expect to accelerate the fall in quotations AUD/USD is with the breakdown of the local minimum area at the level of 0.760.
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