It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
AUD/USD: aussie continue uptrend
Technical levels: support – 0.7260; resistance – 0.7320.
- Buy — 0.7260; SL — 0.7240; TP1 — 0.7320; TP2 — 0.7400.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines; the market exited from the cloudy area and now in a positive mood.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
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