AUD/USD: aussie under daily’s resistance
Technical levels: support – 0.7180; resistance – 0.7270.
Trade recommendations:
- Sell — 0.7260; SL — 0.7280; TP1 — 0.7200; TP2 — 0.7180.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market is overbought and the prices reached the main resistance levels on the daily timeframe.