Currency pair Australian Dollar to US Dollar AUD/USD is trading at the level of 0.7455. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, indicating an bullish trend in the pair Australian Dollar to US Dollar AUD/USD. The pair is expected to fall near the level of 0.7430, from which it is expected to try to grow and develop the bullish trend for the pair AUD/USD near the level of 0.7510.
Ichimoku Kinko Hyo prediction AUD/USD on May 23, 2017
Earlier, a weak signal was received for buy of the pair Australian Dollar to US Dollar AUD/USD, due to crossing of the signal lines at the level of 0.7375. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.7380, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations AUD/USD is with the breakdown of the local maximum area at the level of 0.7480.
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