The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie returned to SSB
2019-11-11 • Updated
Technical levels: support – 0.7920; resistance – 0.7950, 0.7990.
- Buy — 0.7940; SL — 0.7920; TP1 — 0.7990; TP3 — 0.8020.
Reason: narrow bearish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are returned to SSB and breakout its resistance; expected continue of the uptrend.
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