The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie ready to continue uptrend
2019-11-11 • Updated
Technical levels: support – 0.7970, 7930; resistance – 0.8020, 0.8080.
- Buy — 0.7970; SL — 0.7950; TP1 — 0.8020; TP2 — 0.8080.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on the support of Tenkan-sen and Kijun-sen.
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