AUD/USD: aussie tested Cloud’s resistance
Technical levels: support – 0.7450, 0.7490; resistance – 0.7530, 0.7570
Trade recommendations:
- Sell — 0.7510; SL — 0.7530; TP1 — 0.7450; TP2 — 0.7420.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a correctional golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the Bulls tested a Cloud’s resistance, but haven’t strength yet.