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AUD/USD: aussie inside a Cloud yet

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Technical levels: support – 0.7080; resistance – 0.7150, 0.7175

Trade recommendations:

  1. Sell — 0.7170; SL — 0.7190; TP1 — 0.7080; TP2 — 0.7010.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan and Kijun; the market keep staying inside a Cloud in a consolidation phase.

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