AUD/USD: aussie entered into negative area
Technical levels: support – 0.7770; resistance – 0.7840
Trade recommendations:
- Sell — 0.7840; SL — 0.7860; TP1 — 0.7770; TP2 — 0.7730.
Reason: narrow bearish Ichimoku Cloud, falling Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in the negative area under the pressure of a Cloud.