The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie returned to Cloud again
2019-11-11 • Updated
Technical levels: support – 0.7910/20; resistance – 0.7990.
- Buy — 0.7910; SL — 0.7890; TP1 — 0.7990; TP2 — 0.8030.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen wit horizontal lines; the prices are on the support of the Cloud.
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