AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
EUR/USD: euro returned into positive area again
Technical levels: support – 1.1690; resistance – 1.1760.
- Buy — 1.1700; SL — 1.1680; TP1 — 1.1760; TP2 – 1.1800.
Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in positive area after Friday’s bull’s rally.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.