On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
AUD/USD: market returned into Cloud
Technical levels: support – 0.7370, 0.7400/10; resistance – 0.7450.
- Sell — 0.7440; SL — 0.7460; TP1 — 0.7340; TP2 — 0.7310.
- Buy — 0.7460; SL — 0.7440; TP1 — 0.7520; TP2 — 0.7560.
Reason: narrow bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud.
On the daily chart, NZD/USD reached 224% target of junior AB=CD and bulls are trying to counterattack.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
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…