AUD/USD: aussie returned to Cloud’s support
Technical levels: support – 0.7235; resistance – 0.7300.
Trade recommendations:
- Buy — 0.7240; SL — 0.7220; TP1 — 0.7300; TP2 – 0.7330.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are in positive area, but returned to SSB’s support in correctional movement.