AUD/USD: on the Clouds support

9 September 2016, 11:01
Eko Rediantoro
0
9
 

Technical levels: support – 0.7625; resistance – 0.7700.

Trade recommendations:

1. Buy — 0.7620/25; SL — 0.7600; TP1 — 0.7700; TP2 — 0.7730.

Reason: a strong support of Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen; narrowing bearish Ichimoku Cloud.

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