GBP/NZD reversed from resistance zone Next sell target - 1…
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.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
CHF/JPY broke powerful resistance level 115…