AUD/USD: aussie inside a Cloud

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Technical levels: support – 0.7080; resistance – 0.7130

Trade recommendations:

  1. Sell — 0.7130; SL — 0.7150; TP1 — 0.7080; TP2 — 0.7010.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market entered inside a Cloud, but there is a strong resistance around 0.7130.

03-audusdh4.png

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