The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie entered into negative area
2019-11-11 • Updated
Technical levels: support – 0.7770; resistance – 0.7840
- Sell — 0.7840; SL — 0.7860; TP1 — 0.7770; TP2 — 0.7730.
Reason: narrow bearish Ichimoku Cloud, falling Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in the negative area under the pressure of a Cloud.
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