The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie corrected to Kijun-sen
2019-11-11 • Updated
Technical levels: support – 0.7500; resistance – 0.7550.
1. Sell — 0.7550; SL — 0.7570; TP1 — 0.7500; TP2 — 0.7470.
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are in channel Tenkan-Kijun under a strong resistance of Kijun-sen and Senkou Span A.
Crash of LUNA ecosystem and halving cycles. Glimpse into the future of the crypto market with FBS experts!
Last week blew traders' minds! The US dollar dropped for the first time in seven weeks after Jerome Powell's speech on Tuesday…
The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.