Last week NZD/USD made a significant thrust to the downside.
EUR/USD is reaching new highs
BUY 1.2500 SL 1.2445 TP1 1.2580 TP2 1.2625 TP3 1.2770
BUY 1.2465 SL 1.2410 TP1 1.2580 TP2 1.2625 TP3 1.2770
On the daily chart of EUR/USD, there’s a sustainable uptrend. The pair is confidently moving towards the convergence area near 1.2770. There are 224% and 161.8% targets of the junior and senior AB=CD.
On H1, EUR/USD bulls will control the situation as long as the euro is above $1.22. Pullbacks to support at 1.25 and 1.2465 may be used for opening long positions.
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…