AUD/USD Forecast: aussie left Cloud’s area

newzeeland_dollarTechnical levels: support – 0.7370; resistance – 0.7420/40

Trade recommendations:

Sell — 0.7430; SL — 0.7450; TP1 — 0.7370; TP2 — 0.7330.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are in negative zone now and may continue existing downtrend.


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