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 under Cloud
2019-11-11 • Updated
Technical levels: support – 0.7000; resistance – 0.7100
- Sell — 0.7100; SL — 0.7130; TP1 — 0.7040; TP2 — 0.7000.
Reason: bearish Ichimoku Cloud with falling Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the Bulls returned the prices to bottom border of the Cloud and the market is oversold now.
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