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AUD/USD: the Bears testing SSA’a support

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

Trade recommendations:

  1. Sell — 0.7120; SL — 0.7150; 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 horizontal lines; the prices are on the support of Senkou Span A but the Bears could continue existing downtrend.

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