The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie supported by Tenkan and Kijun
2019-11-11 • Updated
Technical levels: support – 0.7580; resistance – 0.7620, 7670
- Buy — 0.7600; SL — 0.7580; TP1 — 0.7670; TP2 — 0.7700.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices made the new highs and corrected to support of Tenkan-sen and Kijun-sen.
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