The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie going higher
2019-11-11 • Updated
Technical levels: support – 0.7820, 0.7850; resistance – 0.7990.
- Sell — 0.7990; SL — 0.7810; TP1 — 0.7910; TP2 — 0.7850.
Reason: bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance.
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