On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
EUR/USD: euro supported by Cloud
Technical levels: support – 1.1430; resistance – 1.1515.
- Buy — 1.1430; SL — 1.1410; TP1 — 1.1490; TP2 – 1.1515.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the prices are supported by Cloud and bounced to positive area.
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…