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AUD/USD: aussie keep staying on Cloud

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Technical levels: support – 0.7200/20; resistance – 0.7275.

Trade recommendations:

  1. Buy — 0.7220; SL — 0.7200; TP1 — 0.7275; TP2 – 0.7300.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen; the prices keep staying on the Cloud’s support and may return to positive area.

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