What do the analysts expect?
Here we have gathered the most interesting currency forecasts of analysts from the key commercial banks…
AUD/USD: trend turns down
Technical levels: support – 0.7570; resistance – 0.7620.
Trade recommendations:
1. Sell — 0.7590; SL — 0.7610; TP1 — 0.7540; TP2 — 0.7520.
Reason: narrowing bullish Ichimoku Cloud, falling Senkou Span A, the mood of a Cloud will be changed soon; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are going to the negative area.
Tatyana Norkina
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