It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
EUR/USD: euro returned inside a Cloud
Technical levels: support – 1.1350; resistance – 1.1460.
- Sell — 1.1420; SL — 1.1440; TP1 — 1.1350; TP2 — 1.1310.
Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned inside a Cloud and the Bears may start sales of euro.
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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