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 losing ground

 Tatiana Norkina, FBS analyst

The AUD/USD currency pair has failed to keep in the positive area. During today's Asian session, the pair dropped sharply after the Chinese data release, losing by over a figure. At the moment, trades are carried out slightly above the 73rd figure support, under the Ichimoku cloud.

The main uptrend is obvious to change soon as well: the cloud has already started narrowing down. The Tenkan and Kijun lines have already canceled the golden cross action and are now set for further decrease.

In the near future, trades are likely to continue within consolidation, in close proximity to the cloud's lower border.

Technical levels: support –  0.7300; resistance – 0.7340.

Trade recommendations: out of market.

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