AUD/USD: aussie in positive zone
Technical levels: support – 0.7500, 0.7530; resistance – 0.7580, 0.7600
Trade recommendations:
- Buy — 0.7530; SL — 0.7510; TP1 — 0.7580; TP2 — 0.7600.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but lines are horizontal; the market breaking out through the SSB’s resistance and may retest 0.7600.