As I earlier indicated in my article this week, I am expecting an upward push from the Dollar as a reaction from the Demand zone I have marked out. The PPI release earlier moved prices a bit but lacked sufficient momentum to cause a significant break of structure - and thus, no change of trend.
AUD/USD: aussie returned to Senkou Span A
2019-11-11 • Updated
Technical levels: support – 0.7635; resistance – 0.7685, 0.7710.
1. Buy — 0.7635; SL — 0.7615; TP1 — 0.7685; TP2 — 0.7710.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under upper border of the Cloud.
"When I spoke at the Anika Foundation event last year, CPI inflation in Australia had been below 2 percent for a number of years and, in underlying terms, was just 1…
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Central Bank Digital Currencies (CBDCs) are virtual national money. The idea of creating such currencies came to the authorities after the success of cryptocurrencies, which also exist only in digital form.