AUD/USD: aussie tried to breakout SSA’s resistance
Technical levels: support – 0.7880; resistance – 0.7930.
Trade recommendations:
- Buy — 0.7890; SL — 0.7870; TP1 — 0.7930; TP3 — 0.7990.
Reason: irregular bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the prices are on the support of Tenkan-sen and Kijun-sen.