AUD/USD: aussie in correction to Kijun

AUD/USD: aussie in correction to Kijun

Technical levels: support – 0.7760; resistance – 0.7800

Trade recommendations:

  1. Sell — 0.7800; SL — 0.7820; TP1 — 0.7760; TP2 — 0.7715.

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in correction inside of the channel Tenkan-Kijun.

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