AUD/USD: the Aussie feels insecure
The Australian dollar stayed under bearish pressure. During yesterday's session, the Bears pushed the pair to the negative area, breaking down the support of a lower border of Ichimoku cloud to the 0.7450. Note that the short-term market sentiments influenced by dead cross.
At the same time, the Chinkou Span is in the oversold zone. And the Bulls can take advantages for the correction inside a cloud.
Technical levels: support – 0.7430; resistance – 0.7500.
1. Sell — 0.7500; SL — 0.7520; TP1 — 0.7430; TP2 — 0.7400.