FBS Markets Inc.

AUD/USD: aussie tested SSB’s support

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Technical levels: support – 0.7820/30; resistance – 0.7910.

Trade recommendations:

  1. Buy — 0.7850/60; SL — 0.7830; TP1 — 0.7910; TP3 — 0.7950.

Reason: bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and can bounce off to SSA.

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