NZD/USD made a confident rebound during the recent two weeks.
AUD/USD: aussie tested SSB’s support
Technical levels: support – 0.7820/30; resistance – 0.7910.
- Buy — 0.7850/60; SL — 0.7830; TP1 — 0.7910; TP3 — 0.7950.
Reason: bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and can bounce off to SSA.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...