FBS - Analytics


    561.00 6.00/10
    84% of positive reviews

    AUD/USD: keeping above the cloud

    The Bulls made a great running yesterday on the AUD/USD market. There has been a breakdown of Tenkan-Sen and Kijun-Sen resistance. The exchange rate of the currency pair rose over 120 pips and returned to the levels of the weeks beginnig - 0.7530.

    On the four-hour timeframe preserved a tense situation: all the Ichimoku lines are directed horizontally. Bullish Ichimoku cloud have a narrow range. Tenkan and Kijun formed a dead cross. It’s possible re-returning of the price to the cloud.

    Technical levels: support – 0.7475, 0.7500; resistance – 0.7540.

    Trade recommendations:

    1. Buy — 0.7500; SL — 0.7480; TP1 — 0.7540; TP2 — 0.7590.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree