AUD/USD: aussie on main support

AUD/USD: aussie on main support

Technical levels: support – 0.7370, 0.7330; resistance – 0.7390

Trade recommendations:

  1. Buy — 0.7400; SL — 0.7380; TP1 — 0.7440; TP2 — 0.7490.
  2. Sell — 0.7360; SL — 0.7380; TP1 — 0.7330; TP2 — 0.7270.

Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; a market returned to negative area but keep staying over the main daily support.




Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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