The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie is on new highs
2022-04-15 • Updated
Technical levels: support – 0.7840; resistance – 0.7900
- Buy — 0.7840/50; SL — 0.7820; TP1 — 0.7900.
- Sell — 0.7900; SL — 0.7920; TP1 — 0.7800; TP2 — 0.7760.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and rising Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen and horizontal lines; the market is under strong resistance of 0.7900.
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