Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the market supported by Tenkan-sen and it will continue the uptrend.
AUD/USD: bulls returned aussie to positive area
Technical levels: support – 0.7630; resistance – 0.7660, 0.7680.
- Buy — 0.7630; SL — 0.7610; TP1 — 0.7680; TP2 — 0.7700.
Reason: narrow bearish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are breaking out the SSA’s resistance and returned to the positive zone.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are a tested the main daily resistance, but the market needs a correction.
Recommendation: BUY 0…
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