NZD/USD: is the correction over?
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.
AUD/USD: aussie returned to November’s highs
Technical levels: support – 0.7260; resistance – 0.7330.
Trade recommendations:
- Sell — 0.7330; SL — 0.7350; TP1 — 0.7260; TP2 — 0.720.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in positive zone but under the strong resistance.
Tatyana Norkina
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