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 at new heights

 Tatiana Norkina, FBS analyst

The AUD/USD currency pair formed a new extremum for the past month yesterday. Due to quite agressive actions of the bulls the currency pair rate has soared under the 74th figure, breaking the last week's high of 0.7340. Bullish sentiment persists in the market, but this morning, we are witnessing the rate's decline into the Tenkan-Kijun channel. Obviously, the market needs a little rest to resume the uptrend. Testing of the Kijun-sen line levels is probable to be followed by the pair's new dash to the 0.7430/40 mark.

Technical levels: support – 0.7270; resistance – 0.7380, 0.7400.

Trade recommendations:

1. Buy — 0.7280; SL — 0.7260; TP1 — 0.7400; TP2 — 0.7430.

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