Here we go again, my friends. It’s time to look critically into the future of what trading opportunities September might have in store for us. As always, it is essential to note that the views expressed here are mine and should not be considered financial advice without proper examination.
AUD/USD: aussie reached new lows but near main support
2019-11-11 • Updated
Technical levels: support – 0.7480; resistance – 0.7560
- Sell — 0.7540; SL — 0.7560; TP1 — 0.7500; TP2 — 0.7480.
- Buy — 0.7480; SL — 0.7460; TP1 — 0.7530; TP2 — 0.7550.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are made a new lows, but there is a strong support on 0.7480.
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