AUD/USD: aussie made new lows

AUD/USD: aussie made new lows

Technical levels: support – 0.7610; resistance – 0.7690

Trade recommendations:

  1. Sell — 0.7690; SL — 0.7710; TP1 — 0.7610; TP2 — 0.7580.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen under the Cloud with the falling lines; the market made a new lows of the year and in correction movement to Tenkan-sen and Kijun-sen.




Levels to trade EUR/USD

EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum.

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