AUD/USD: aussie entered into Cloud

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Technical levels: support – 0.7965; resistance – 0.8040, 0.8070.

Trade recommendations:

  1. Buy — 0.7990; SL — 0.7970; TP1 — 0.8040; TP3 — 0.8070.

Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are entered into the Cloud, nut found a support of Senkou Span B.

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