AUD/USD: aussie tested a resistance of Cloud
Technical levels: support – 0.7370; resistance – 0.7420, 0.7470.
Trade recommendations:
- Buy — 0.7400; SL — 0.7380; TP1 — 0.7470.
- Sell — 0.7470; SL — 0.7490; TP1 — 0.7380; TP2 — 0.7340.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the bulls are want to enter into the Cloud.