AUD/USD: the bears looks for 0.7500

AUD/USD: the bears looks for 0.7500

Technical levels: support – 0.7530, 0.7490; resistance – 0.7580

Trade recommendations:

  1. Sell — 0.7580; SL — 0.7600; TP1 — 0.7530; TP2 — 0.7490.

Reason: expanding bearish Ichimoku Cloud with huge diapason and falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the market is on the new lows again, but the main target of the Bears is 0.7500.




Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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