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 is in favor again

  Tatiana Norkina, FBS analyst

The Australian dollar, as we have expected earlier, took advantage of the support of the lower border in the four-hour Ichimoku cloud. A very powerful level was formed on the 72th figure, which drew a large number of buyers on the market. This morning we have seen an uprush to the levels of the cloud top. The pair broke the resistance of Tenkan and Kijun lines and is currently trying to get foothold on them. Be informed that the dead cross is still active, further growth will be hampered for now. We do not rule out a chance of reducing to 0.7260. But then the recovery is likely to be continued.

Technical levels: support –  0.7280, 0.7260; resistance – 0.7300, 0.7330.

Trade recommendations:

Buy - 0.7280; SL - 0.7260; TP1 - 0.7330; TP2 - 0.7380.

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