AUD/USD: aussie going to March’s extremums

AUD/USD: aussie going to March’s extremums

Technical levels: support – 0.7640; resistance – 0.7690.

Trade recommendations:

  1. Sell — 0.7690; SL — 0.7710; TP1 — 0.7640; TP2 — 0.7610.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen,  rising Tenkan-sen and Kijun-sen; the market made a new local highs, but there is a strong resistance on 0.7690-0.7700.

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