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AUD/USD: aussie returned to 0.8000

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Technical levels: support – 0.7940, 0.7980; resistance – 0.8000.

Trade recommendations:

  1. Sell — 0.7970; SL — 0.7990; TP1 — 0.7940; TP3 — 0.7920.
  2. Buy — 0.7930; SL — 0.7910; TP1 — 0.8000; TP3 — 0.8040.

Reason: bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are tested the strong resistance on 0.8000, but can’t break it out.

03-audusdh4.png

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