AUD/USD: aussie entered to channel Tenkan-Kijun

AUD/USD: aussie entered to channel Tenkan-Kijun

Technical levels: support – 0.7400; resistance – 0.7450.

Trade recommendations:

1. Buy — 0.7400; SL — 0.7380; TP1 — 0.7450.

2. Sell — 0.7450; SL — 0.7460; TP1 — 0.7380; TP2 — 0.7340.

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are entered into the channel Tenkan-Kijun and supported by Tenkan-sen.

aud

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gbp

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