Have a look at the pair EUR/NZD as it might present some interesting trade ideas.
EUR/GBP: buy the EUR
BUY 0.8945 SL 0.889 TP1 0.9045 TP2 0.906 TP3 0.91
On the daily chart of EUR/GBP, the first target of the "Wolfe Waves" pattern was implemented. Bulls need to update the December's maximum to continue moving towards the 88.6% and 113% targets of the "Shark" pattern.
On H1, there is a short-term consolidation near the important level at 88.6% of the "Shark" pattern's CD wave. Bulls need to stick above this level and break the resistance at 0.8945 to continue rising towards the 200% target of the AB=CD pattern.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…