AUD/USD: aussie going to SSB
Technical levels: support – 0.7860; resistance – 0.7915, 0.7955
Trade recommendations:
- Buy — 0.7880; SL — 0.7860; TP1 — 0.7915; TP2 — 0.7955.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen and Kijun-sen; the prices are on the strong support, but the market is overbought.