AUD/USD: aussie supported by Kijun-sen
Technical levels: support – 0.7830; resistance – 0.7915, 0.7955
Trade recommendations:
- Buy — 0.7830; SL — 0.7810; TP1 — 0.7915; TP2 — 0.7955.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the strong support of Kijun-sen and the market is left the local overbought area.