AUD/USD: aussie will test Cloud’s resistance

AUD/USD: aussie will test Cloud’s resistance

Technical levels: support – 0.7540; resistance – 0.7580

Trade recommendations:

  1. Sell — 0.7570; SL — 0.7590; TP1 — 0.7540; TP2 — 0.7490.

Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of the Cloud.

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