AUD/USD: aussie tested Cloud’s resistance

AUD/USD: aussie tested Cloud’s resistance

Technical levels: support – 0.7450, 0.7490; resistance – 0.7530, 0.7570

Trade recommendations:

  1. Sell — 0.7510; SL — 0.7530; TP1 — 0.7450; TP2 — 0.7420.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a correctional golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the Bulls tested a Cloud’s resistance, but haven’t strength yet.

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EUR/USD: euro hung on Tenkan-Kijun

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.

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