The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie keep staying inside a Cloud
2019-11-11 • Updated
Technical levels: support – 0.7160; resistance – 0.7270.
- Sell — 0.7230; SL — 0.7250; TP1 — 0.7160; TP2 — 0.7090.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are bounced from Senkou Span A and returned inside a Cloud.
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