USD/CAD is forming a “Three touches” pattern. A pullback from the upper border of the downtrend channel allowed bears to return the initiative.
EUR/USD: euro keeps staying inside Cloud
Technical levels: support – 1.1620, 1.1680; resistance – 1.1750.
- Sell — 1.1750; SL — 1.1770; TP1 — 1.1680; TP2 — 1.1620;
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is inside a Cloud and going to SSB’s resistance.
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…