AUD/USD Forecast: aussie inside a Cloud

forex-news-audTechnical levels: support – 0.7080; resistance – 0.7130

Trade recommendations:

Sell — 0.7130; SL — 0.7150; TP1 — 0.7080; TP2 — 0.7010.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market entered inside a Cloud, but there is a strong resistance around 0.7130.


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