Expanding bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but horizontal lines.
AUD/USD: aussie has grown to Cloud
Technical levels: support – 0.7750, 0.7815; resistance – 0.7880
- Sell — 0.7870/80; SL — 0.7900; TP1 — 0.7815; TP2 — 0.7750.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the market returned to bottom border of the Cloud.
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
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…