AUD/USD: aussie in positive zone

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Technical levels: support – 0.7500, 0.7530; resistance – 0.7580, 0.7600

Trade recommendations:

  1. Buy — 0.7530; SL — 0.7510; TP1 — 0.7580; TP2 — 0.7600.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but lines are horizontal; the market breaking out through the SSB’s resistance and may retest 0.7600.

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