On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
EUR/USD: euro is going to new lows
Technical levels: support – 1.2090; resistance – 1.2160.
- Buy — 1.2100; SL — 1.2080; TP1 — 1.2160; TP2 — 1.2190;
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market made a new local lows, but there is a strong daily support near 1.2100.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…