The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie reached main resistance
2019-11-11 • Updated
Technical levels: support – 0.7630; resistance – 0.7680
- Sell — 0.7680; SL — 0.7700; TP1 — 0.7630; TP2 — 0.7590.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of 0.7680.
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