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AUD/USD: aussie bounced from SSB

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Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.

Trade recommendations:

  1. Buy — 0.7430; SL — 0.7410; TP1 — 0.7470; TP2 — 0.7500.
  2. Sell — 0.7400; SL — 0.7420; TP1 — 0.7340; TP2 — 0.7310.

Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are under Tenkan-sen and Kijun-sen.

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