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: game will continue under Cloud
Technical levels: support – 0.7930; resistance – 0.8000, 0.8040.
- Sell — 0.7960; SL — 0.7980; TP1 — 0.7900; TP3 — 0.7870.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are in the negative area and the bears will continue selling the Aussie.
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.
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