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 updated lows

 Tatiana Norkina, FBS analyst

Trades in the currency markets were extremely nervous yesterday. Thus, the AUD/USD pair has updated its lows for the past seven years, to 0.7040. However, the bulls woke up immediately, returning the trades to the 72nd figure area.

The four-hour trend is still downward: the dead cross is active, combined with the bearish cloud. The pair is obvious to go back to yesterday's extremes again and again after the night's correction.

Technical levels: support –  0.7120 resistance – 0.7200.

Trade recommendations:

1. Sell — 0.7200; SL — 0.7230; TP1 — 0.7120; TP2 — 0.7060.

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