AUD/USD: aussie in cloudy area

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Technical levels: support – 0.7200; resistance – 0.7270.

Trade recommendations:

  1. Buy — 0.7200; SL — 0.7180; TP1 — 0.7270; TP2 — 0.7300.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are inside a Cloud now, but supported by Kijun-sen.

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