Here we go again, my friends. It’s time to look critically into the future of what trading opportunities September might have in store for us. As always, it is essential to note that the views expressed here are mine and should not be considered financial advice without proper examination.
AUD/USD: trading in range Tenkan-Kijun
2019-11-11 • Updated
Technical levels: support – 0.7490, 0.7450; resistance – 0.7520, 0.7560.
1. Buy — 0.7450; SL — 0.7430; TP1 — 0.7520; TP2 — 0.7560.
Reason: bearish Ichimoku Cloud with horizontal Tenkan-sen and Kijun-sen; a dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support 0.7450.
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