AUD/USD: aussie returned to 3W-highs

AUD/USD: aussie returned to 3W-highs

2019-11-11 • Updated

Technical levels: support – 0.7330; resistance – 0.7450

Trade recommendations:

  1. Sell — 0.7450; SL — 0.7470; TP1 — 0.7370; T2 — 0.7330.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are in a positive area, but there is a strong resistance of 0.7450.

03-audusdh4.png

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AUD/USD  is looking badly
AUD/USD is looking badly

AUD/USD began the week slightly higher reaching as high as 0.7725 before declining earlier today to 0.7690’s.

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