Currency pair Australian Dollar AUD/USD is trading at 0.7655. The pair is still trading below the Ichimoku Cloud, which indicates a potential continuation of falling Australian dollar quotations in the area below the level of 0.76.
Ichimoku Kinko Hyo forecast AUD/USD on March 3, 2017
Cancellation option will be the fall of quotations strong growth and the breakdown of the upper limit of the Ichimoku Cloud with the closing of AUD/USD above the 0.7710 area, which indicate the likely change of trend in favor of growth. Is expected to accelerate the fall of the pair of quotes is a breakdown of the area of a local minimum. Also, do not rule out an attempt to test the lower limit of the Ichimoku Cloud and the continuation of the fall.
