The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie on main support
2019-11-11 • Updated
Technical levels: support – 0.7370, 0.7330; resistance – 0.7390
- Buy — 0.7400; SL — 0.7380; TP1 — 0.7440; TP2 — 0.7490.
- Sell — 0.7360; SL — 0.7380; TP1 — 0.7330; TP2 — 0.7270.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; a market returned to negative area but keep staying over the main daily support.
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