USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
AUD/USD: aussie returned to 3W-highs
Technical levels: support – 0.7330; resistance – 0.7450
- Sell — 0.7450; SL — 0.7470; TP1 — 0.7370; T2 — 0.7330.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are in a positive area, but there is a strong resistance of 0.7450.
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
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