Last week NZD/USD made a significant thrust to the downside.
EUR/USD: euro returned to Cloud again
Technical levels: support – 1.1400; resistance – 1.1470.
- Buy — 1.1410; SL — 1.1390; TP1 — 1.1470; TP2 – 1.1500.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with horizontal Kijun-sen; the market is returned to the Cloud and supported by Senkou Span A.
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…