Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines
AUD/USD: aussie returned to Senkou Span A
Technical levels: support – 0.7635; resistance – 0.7685, 0.7710.
1. Buy — 0.7635; SL — 0.7615; TP1 — 0.7685; TP2 — 0.7710.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under upper border of the Cloud.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen
On the daily chart of USD/JPY, after the pair reached 113% target of the “Shark” there was a natural pullback.
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
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