AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
EUR/USD: euro corrected to Kijun
Technical levels: support – 1.2150, 1.2250; resistance – 1.2300.
- Sell — 1.2270; SL — 1.2280; TP1 — 1.2180; TP2 — 1.2150
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices corrected to Kijun-sen after supporting by 1.2200 and downtrend may continue.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.