Have a look at the pair EUR/NZD as it might present some interesting trade ideas.
EUR/NZD: the downtrend is still on
SELL 1.6500; TP1 1.6465; TP2 1.6410; SL 1.6515
EUR/NZD has stalled ahead of the downtrend resistance line. The pair formed a “shooting star” candlestick on the daily chart. The main support is located in the 1.64 area, where the pair has met support twice during the latest month. As a result, it’s possible to expect a minor movement to the downside.
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…