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AUD/USD: aussie couldn’t break Cloud’s resistance

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Technical levels: support – 0.7330; resistance – 0.7400

Trade recommendations:

  1. Sell — 0.7400; SL — 0.7420; TP1 — 0.7330; T2 — 0.7300.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are returned to bottom Cloud’s border and there is a strong resistance.

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