The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie tested Cloud’s resistance
2019-11-11 • Updated
Technical levels: support – 0.7800; resistance – 0.7880.
- Buy — 0.7830; SL — 0.7810; TP1 — 0.7880; TP2 — 0.7900.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are returned to the support of Tenkan-sen and Kijun-sen.
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