AUD/USD: aussie under strong resistance

AUD/USD: aussie under strong resistance

2022-04-15 • Updated

Technical levels: support – 0.7980; resistance – 0.8030

Trade recommendations:

  1. Sell — 0.8030; SL — 0.8050; TP1 — 0.7980; TP2 — 0.7940.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; a market is overbought and under the strong resistance of 0.8030.

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