AUD/USD: aussie inside a Cloud yet
Technical levels: support – 0.7080; resistance – 0.7150, 0.7175
Trade recommendations:
- Sell — 0.7170; SL — 0.7190; TP1 — 0.7080; TP2 — 0.7010.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan and Kijun; the market keep staying inside a Cloud in a consolidation phase.