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AUD/USD: aussie supported by Kijun-sen

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Technical levels: support – 0.7830; resistance – 0.7915, 0.7955

Trade recommendations:

  1. Buy — 0.7830; SL — 0.7810; TP1 — 0.7915; TP2 — 0.7955.

Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the strong support of Kijun-sen and the market is left the local overbought area.

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