AUD/USD: market returned into Cloud
Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.
Trade recommendations:
- Sell — 0.7440; SL — 0.7460; TP1 — 0.7340; TP2 — 0.7310.
- Buy — 0.7460; SL — 0.7440; TP1 — 0.7520; TP2 — 0.7560.
Reason: narrow bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud.