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AUD/USD: aussie inside a Cloud

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Technical levels: support – 0.7610, 0.7690; resistance – 0.7730

Trade recommendations:

  1. Sell — 0.7730; SL — 0.7750; TP1 — 0.7610; TP2 — 0.7580.
  2. Sell — 0.7680; SL — 0.7710; TP1 — 0.7610; TP2 — 0.7580.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are had entered into the cloudy area.

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