Last week NZD/USD made a significant thrust to the downside.
EUR/USD: euro supported by Kijun-sen
Technical levels: support – 1.2160, 1.2130; resistance – 1.2260.
- Buy — 1.2130; SL — 1.2110; TP1 — 1.20200; TP2 – 1.2260.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the support of Kijun-sen, but correction may continue to Cloud’s levels.
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…