Last week NZD/USD made a significant thrust to the downside.
EUR/USD: euro is in consolidation
Technical levels: support – 1.1940, 1.1900; resistance – 1.2020, 1.2040.
- Sell — 1.2020; SL — 1.2040; TP1 — 1.1940; TP2 — 1.1900;
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 on the new lows and oversold.
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…