"When I spoke at the Anika Foundation event last year, CPI inflation in Australia had been below 2 percent for a number of years and, in underlying terms, was just 1…
AUD/USD: aussie on Cloud’s support
2019-11-11 • Updated
Technical levels: support – 0.7400; resistance – 0.7440/50
- Buy — 0.7400; SL — 0.7380; TP1 — 0.7450; T2 — 0.7490.
- Sell — 0.7380; SL — 0.7400; TP1 — 0.7330; T2 — 0.7300.
Reason: narrow bullish Ichimoku Cloud and falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are returned to Cloud and keep staying on its support.
The decision of the Australian central bank pressed the aussie down. How to trade it now?
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