Last week NZD/USD made a significant thrust to the downside.
EUR/USD: euro is heading to the north
On the EUR/USD daily chart, a break of the resistance at 1.1295 followed by the retest allowed the euro to enter the operations space. The pair is ready to test the resistance at 1.147 and realize the mid-term target 127,2% in the Crab pattern. The nearest important level of the support can be found near 1.1345.
On the EUR/USD hourly chart, after the realization of the Wolfe Waves pattern and precipitous rally , the positions of the Bears don’t promise any significant gains. The rollbacks towards 1.1388 and 1.1345 will likely be bought out.
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…