AUD/USD: aussie going higher

AUD/USD: aussie going higher

Technical levels: support – 0.7820, 0.7850; resistance – 0.7990.

Trade recommendations:

  1. Sell — 0.7990; SL — 0.7810; TP1 — 0.7910; TP2 — 0.7850.

Reason: bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance.

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USD/JPY: dollar made new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market made new lows, but there is a strong support on 111.00.

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