Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new cross of Tenkan-sen and Kijun-sen
AUD/USD: aussie returned to Cloud again
Technical levels: support – 0.7910/20; resistance – 0.7990.
- Buy — 0.7910; SL — 0.7890; TP1 — 0.7990; TP2 — 0.8030.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen wit horizontal lines; the prices are on the support of the Cloud.
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
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