The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie entered into neutral area
2019-11-11 • Updated
Technical levels: support – 0.7910, 0.7830; resistance – 0.7990.
- Buy — 0.7830; SL — 0.7810; TP1 — 0.7990; TP2 — 0.8030.
- Sell — 0.7920; SL — 0.7940; TP1 — 0.7830.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud and may going lower to the support of Senkou Span B.
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