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AUD/USD: aussie supported by Kijun-sen

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Technical levels: support – 0.7180, 0.7240; resistance – 0.7270.

Trade recommendations:

  1. Sell — 0.7260; SL — 0.7280; TP1 — 0.7200; TP2 — 0.7180.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices returned to the support of Kijun-sen but may continue correctional movement to Cloud.

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