Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7822. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the pair Australian Dollar/US Dollar. Ichimoku Kinko Hyo Cloud is expected to test near the level of 0.7815, from which it is expected to attempt a rebound and further development of the bullish trend with the target of growth near the level of 0.7965.
Australian Dollar forecast AUD/USD on January 11, 2018
Earlier, a weak signal was received for the sell of the pair Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7840. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 0.7735, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations AUD/USD is with a breakdown of the level of 0.7890.