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AUD/USD: aussie under daily’s resistance

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Technical levels: support – 0.7180; resistance – 0.7270.

Trade recommendations:

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

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market is overbought and the prices reached the main resistance levels on the daily timeframe.

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