AUD/USD: aussie corrected to Kijun-sen

AUD/USD: aussie corrected to Kijun-sen

2019-11-11 • Updated

Technical levels: support – 0.7530, 0.7490; resistance – 0.7580

Trade recommendations:

  1. Sell — 0.7570/80; SL — 0.7600; TP1 — 0.7530; TP2 — 0.7490.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market has made a new local lows and went to correction.

03-audusdh4.png

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