The currency Pair Euro Australian Dollar EUR/AUD is trading at 1.4090. The pair is trading above the upper limit of the Ishimoku Cloud, indicating that there is an upward trend in the pair Euro Australian Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.4030, from which one should expect an attempt to grow and develop the bullish trend for this pair with a target above 1.42.
Ichimoku Kinko Hyo forecast EUR/AUD on March 23, 2017
Earlier, a weak signal was received for the purchase of the Euro Australian Dollar pair, due to crossing of the signal lines at the level of 1.3964. The cancellation of the variant of growth will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 1.3980, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations EUR/AUD stands with the breakdown of the local maximum area at 1.4110.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
