Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near the level of 0.7996. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair Australian Dollar/US Dollar. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.7915 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 0.8150. An additional signal in favor of growth will test the level of support.
FOREX forecast AUD/USD on January 22 — 26, 2018
Earlier, a weak signal was received for buy of the Australian Dollar/US Dollar, due to the crossing of signal lines at the level of 0.7605. The cancellation of the growth of the quotations of the pair will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 0.7650, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth and development of the bullish trend for AUD/USD with a breakdown of 0.8070.
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