AUD/USD: bulls cant breaking out SSB’s resistance

Read the article on FBS website

Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.

Trade recommendations:

  1. Sell — 0.7400; SL — 0.7420; TP1 — 0.7340; TP2 — 0.7310.

Reason: narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.

03-audusdh4.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.