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Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

Aussie - bulls winning

 Tatiana Norkina, FBS analyst

Support for the Australian currency provided by the recent decision of the RBA forced new buyers to enter the AUD/USD currency pair market. Yesterday the pair made a quality leap into the positive area, testing levels above the 80th figure. Further, this morning the prices are fixing above the cloud. In case this manoeuvre is successful, which is most likely, we will expect further growth to the 81st figure. Otherwise, let us stay out of the market since we do not rule out a possibility of a long-term consolidation in the 0.7890-0.7950 range.

Technical levels: support – 0.7950; resistance – 0.8000.

Trade recommendations:

1. Buy — 0.7965; SL — 0.7945; TP1 — 0.8050; TP2 — 0.8170.

 

AUD
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