AUD/USD: aussie corrected to positive zone

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Technical levels: support – 0.7280; resistance – 0.7370

Trade recommendations:

  1. Sell — 0.7370; SL — 0.7390; TP1 — 0.7280; TP2 — 0.7220.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices returned to positive zone in a correctional movement, but there is a strong resistance near 0.7400.

03-audusdh4.png

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