It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
AUD/USD: aussie returned to Tenkan-sen
2019-11-11 • Updated
Technical levels: support – 0.7680; resistance – 0.7730.
1. Buy — 0.7680; SL — 0.7660; TP1 — 0.7730; TP2 — 0.7770.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of rising Tenkan-sen and Kijun-sen; the prices are on thee yearly highs.
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Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!