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AUD/USD: aussie keep staying inside Cloud

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Technical levels: support – 0.7880; resistance – 0.7980

Trade recommendations:

  1. Sell — 0.7900; SL — 0.7920; TP1 — 0.7820; TP2 — 0.7770.
  2. Buy — 0.7920; SL — 0.7900; TP1 — 0.7980; TP2 — 0.8020.

Reason: narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices keeps staying inside a Cloud and the channel Tenkan-Kijun.

03-audusdh4.png

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