AUD/USD: bulls under pressure of Cloud

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Technical levels: support – 0.7500, 0.7450; resistance – 0.7550.

Trade recommendations:

1. Sell — 0.7540; SL — 0.7560; TP1 — 0.7500; TP2 — 0.7450.

Reason: narrowing bearish Ichimoku Cloud, falling Senkou Span A; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are under strong resistance of the Cloud.

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