It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
EUR/USD: euro supported by Kijun-sen
Technical levels: support – 1.2380; resistance – 1.2450, 1.2520.
- Buy — 1.2400; SL — 1.2380; TP1 — 1.2450; TP2 — 1.2520
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; the prices are corrected to Kijun-sen and on the support of the line.
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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