On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
EUR/USD: euro tested new highs
Technical levels: support – 1.1390; resistance – 1.1430.
- Buy — 1.1390; SL — 1.1370; TP1 — 1.1430; TP2 – 1.1500.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the market going to new highs.
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…