Last week NZD/USD made a significant thrust to the downside.
EUR/JPY: bulls took a break
BUY 133.35 SL 132.8 TP1 134.35 TP2 135.8 TP3 136.7
SELL 132.9 SL 133.45 TP1 132.1 TP2 131.9 TP3 131
On the daily chart, EUR/JPY keeps rising towards 88.6% target of the “Shark”. Formation of the inside bar at the important level of 50% of the wave XC points at uncertainty. Bulls are doubting their strength.
On H1, EUR/JPY after forming a “Broadening wedge” as a continuation pattern consolidated in the 132.90-133.35 range within the “Spike and ledge” pattern on the basis of 1-2-3.
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…