Here we go again, my friends. It’s time to look critically into the future of what trading opportunities September might have in store for us. As always, it is essential to note that the views expressed here are mine and should not be considered financial advice without proper examination.
AUD/USD: aussie in consolidation on lows
2019-11-11 • Updated
Technical levels: support – 0.7090, 0.7160; resistance – 0.7230
- Sell — 0.7230; SL — 0.7250; TP1 — 0.7160; TP2 — 0.7090.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market entered into the Cloud’s area and will test its upper border.
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