On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
EUR/USD: euro will test Senkou Span B
Technical levels: support – 1.1660; resistance – 1.1725.
- Sell — 1.1725; SL — 1.1745; TP1 — 1.1660; TP2 – 1.1640
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are inside a Cloud, but there is a strong resistance of Senkou Span B.
On the daily chart, NZD/USD reached 224% target of junior AB=CD and bulls are trying to counterattack.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
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…