AUD/USD: market returned into Cloud

AUD/USD: market returned into Cloud

Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.

Trade recommendations:

  1. Sell — 0.7440; SL — 0.7460; TP1 — 0.7340; TP2 — 0.7310.
  2. Buy — 0.7460; SL — 0.7440; TP1 — 0.7520; TP2 — 0.7560.

Reason: narrow bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud.

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USD/JPY: Dollar will continue downtrend

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak goldean cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the weak Kijun’s support.

AUD/USD: aussie under strong resistance

Bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; a market is overbought and under the strong resistance of 0.8030.

USD/JPY: Dollar in correction to Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market is in correction phase.

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