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 held on the 73rd figure

 Tatiana Norkina, FBS analyst

The currency pair AUD/USD continues to consolidate in the 73rd figure. Yesterday the bears made a new attempt to resume the downtrend, but the support of Tenkan and Kijun lines stop their onslaught, and today in the morning trades conducted above 0.7300. The lines formed even golden cross. However, the main trend is still determined bearish cloud, which extends in a downward direction. It is obvious that during today's session, the bulls will be able to test the resistance of the bottom of the cloud, but then the fall probably will be resumed.

Technical levels: support - 0.7260; resistance - 0.7335.

Trading recommendations:

1. Sell - 0.7335; SL - 0.7360; TP1 - 0.7240; TP2 - 0.7130.

Scroll to top