It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
EUR/USD: euro inside a Cloud
Technical levels: support – 1.1350; resistance – 1.1460.
- Sell — 1.1460; SL — 1.1480; TP1 — 1.1400; TP2 — 1.1350.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices inside a Cloud, but there is a strong resistance of Senkou Span B.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
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