FX.co ★ torp.paris | AUD/USD

Hello. AUDUSD - Forecast. Bearish sentiment is clearly expressed by the Ichimoku indicator. Sellers' strength lies in the price of 0.62577 being below the cloud, which consists of Senkou Span B line at 0.63055 and Senkou Span A line at 0.62961. They act as resistance levels. The next selling signal, confirming the strength of sellers, is the cross of the Tenkan-Sen line at 0.62781 and the Kijun-sen line at 0.62840. There are probably no stronger combinations in the indicator. I am selling this asset. My target is to take the opposite signal for buying, the daily volatility, the end of the session, in order to sleep peacefully, if, of course, I am in profit. In conclusion of the forecast, I want to say that the indicator gives a strong sell signal. However, the market may follow its own path, as it sets the pace, not the indicator. Therefore, a break in sales is possible when the market ends up above the cloud and consolidates. After that, the sales lose their meaning.