Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie had continue downtrend
Technical levels: support – 0.7690; resistance – 0.7790
- Buy — 0.7690; SL — 0.7670; TP1 — 0.7760; TP2 — 0.7790.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows of the year, but there is a strong support on 0.7690.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…