AUD/USD Forecast. Ichimoku Cloud Analysis

newzeeland_dollarThe currency pair is trading at 0.6649 under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator near 0.6675 is expected, followed by a decline to 0.6525. An additional signal confirming the decline will be a bounce off the lower border of the Triangle.

The falling will be canceled in the case of a breakout of the upper border of the Cloud and closing above 0.6750, which will mean further growth above 0.6805.

AUDUSD

Orgin: RoboForex

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