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AUD/USD: aussie tested a resistance of Cloud

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Technical levels: support – 0.7370; resistance – 0.7420, 0.7470.

Trade recommendations:

  1. Buy — 0.7400; SL — 0.7380; TP1 — 0.7470.
  2. Sell — 0.7470; SL — 0.7490; TP1 — 0.7380; TP2 — 0.7340.

Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the bulls are want to enter into the Cloud.

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