The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie continue uptrend
2019-11-11 • Updated
Technical levels: support – 0.7260; resistance – 0.7320.
- Buy — 0.7260; SL — 0.7240; TP1 — 0.7320; TP2 — 0.7400.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines; the market exited from the cloudy area and now in a positive mood.
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