Last week NZD/USD made a significant thrust to the downside.
EUR/USD: euro tested SBB’s resistance
Technical levels: support – 1.1850, 1.1830; resistance – 1.1890, 1.1940.
- Buy — 1.1850; SL — 1.1830; TP1 — 1.1890; TP2 – 1.1940.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a strong golden cross of Tenkan-sen and Kijun-se with rising Tenkan-sen and Kijun-sen; the prices are under Senkou Span B and will try to breakout.
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…