AUD/USD: aussie continue to falling

AUD/USD: aussie continue to falling

Technical levels: support – 0.7820; resistance – 0.7890.

Trade recommendations:

  1. Buy — 0.7830; SL — 0.7810; TP1 — 0.7890; TP3 — 0.7940.

Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of 0.7800/20.

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