AUD/USD: aussie is oversold
Technical levels: support – 0.7610; resistance – 0.7690
Trade recommendations:
- Buy — 0.7610; SL — 0.7590; TP1 — 0.7690; TP2 — 0.7730.
Reason: bearish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; but the prices are on the strong daily support.