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 sweeping down

 Tatiana Norkina, FBS analyst

The AUD/USD currency pair continued its almost vertical decline during yesterday's trading session. A break through the four-hour Ichimoku cloud support has had a negative impact on the market participants' sentiment who were expecting a bullish course of events in the mid-term perspective. Massive sales of the Australian have led to the pair's rate slide under the 70th figure. The bearish trend is so far supported by the dead cross that is getting stronger every day. There is a very good chance of the major trend change as well: the Senkou Span A and B lines crossing will soon change the cloud's character to negative.

Technical levels: support –  0.6960; resistance – 0.7080, 7015.

Trade recommendations:

1. Sell — 0.7015; SL — 0.7035; TP1 — 0.6960; TP2 — 0.6915.

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