It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
EUR/USD: t the Bulls broke through Cloud's resistance
Technical levels: support – 1.1700; resistance – 1.1750.
- Buy — 1.1700; SL — 1.1680; TP1 — 1.1750; TP2 – 1.1780
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market broke the Cloud’s resistance and went into the positive zone.
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.
The New Zealand dollar seems to be tipping out against the USD. Will that be another full cascade downwards?
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The Canadian dollar broke out through the 1.40 psychological mark. What’s the reason?
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