"When I spoke at the Anika Foundation event last year, CPI inflation in Australia had been below 2 percent for a number of years and, in underlying terms, was just 1…
AUD/USD: aussie corrected to Cloud
2019-11-11 • Updated
Technical levels: support – 0.7160; resistance – 0.7235.
- Sell — 0.7230; SL — 0.7250; TP1 — 0.7160; TP2 – 0.7090.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun; the prices are inside a 4H-Cloud and may test the upper border of the Cloud.
The decision of the Australian central bank pressed the aussie down. How to trade it now?
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