AUD/USD: aussie in correction to Cloud

Read the article on FBS website

Technical levels: support – 0.7690; resistance – 0.7790

Trade recommendations:

  1. Sell — 0.7760; SL — 0.7790; TP1 — 0.7690; TP2 — 0.7600.

Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is in correctional movement to the Cloud and the prices are breaking out the Kijun’s resistance.

03-audusdh4.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.