Last week NZD/USD made a significant thrust to the downside.
EUR/USD: counterattack of the Bulls
Technical levels: support – 1.2200; resistance – 1.2300.
- Sell — 1.2280; SL — 1.2300; TP1 — 1.2200; TP2 — 1.2150
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market made a new lows and bounced to Kijun-sen.
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…