Technical levels of AUD/CAD
AUD/USD: aussie entered inside Cloud
Technical levels: support – 0.7450, 0.7490; resistance – 0.7550, 0.7610
- Sell — 0.7550; SL — 0.7590; TP1 — 0.7490; TP2 — 0.7450.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines; the market now inside a Cloud, but there is a strong resistance on 0.7550.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...