Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the market supported by Tenkan-sen and it will continue the uptrend.
AUD/USD: aussie going to March’s extremums
Technical levels: support – 0.7640; resistance – 0.7690.
- 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.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are a tested the main daily resistance, but the market needs a correction.
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