FBS Markets Inc.

AUD/USD: aussie supported by SSB

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Technical levels: support – 0.7600/20, 0.7570; resistance – 0.7670, 0.7700.

Trade recommendations:

1. Buy — 0.7620/30; SL — 0.7600; TP1 — 0.7670; TP2 — 0.7700.

Reason: narrowing bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by bottom border of the Cloud.

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