Daily Current Analysis

AUD/USD: bearish trend is coming

Technical levels: support – 0.7470; resistance – 0.7500, 0.7525.

Trade recommendations:

1. Sell — 0.7500; SL — 0.7520; TP1 — 0.7440; TP2 — 0.7340.

Reason: bullish Ichimoku Cloud, but there is a falling Senkou Span B; a weak golden cross of Tenkan-sen and Kijun-sen; the prices are under the resistance of Senkou Span B.

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