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.

AUD/USD: the Aussie has updated the local maximums

Yesterday the Aussie has grown significantly against the US dollar by setting a new high for the last two months - 0.7660. This growth has led the market to an overbought and forced the prices to correction to the Tenkan-sen (0.7590) on the four-hour timeframe.

This support can be used by bulls to start a new purchases. But if the level does not support the market there is a possibility of a deeper correction in the Ichimoku clouds direction.

Technical levels: support – 0.7590, 0.7560; resistance – 0.7620.

Trade recommendations:

1. Buy — 0.7560; SL — 0.7540; TP1 — 0.7660; TP2 — 0.7690.

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