The decision of the Australian central bank pressed the aussie down. How to trade it now?
AUD/USD: aussie will continue uptrend
2019-11-11 • Updated
Technical levels: support – 0.7680; resistance – 0.7760
- Buy — 0.7700; SL — 0.7680; TP1 — 0.7760; TP2 — 0.7790.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are breaking out the resistance of 0.7680 and may go higher.
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