USD/CAD is forming a “Three touches” pattern. A pullback from the upper border of the downtrend channel allowed bears to return the initiative.
AUD/USD: aussie aimed at SSB
Technical levels: support – 0.7450, 0.7500; resistance – 0.7550, 0.7600
- Sell — 0.7590/0.7600; SL — 0.7620; TP1 — 0.7500; TP2 — 0.7450.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market inside a Cloud and the prices growing to SSB’s resistance.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…