NZD/USD turned down
Last week NZD/USD made a significant thrust to the downside.
GBP/USD: bulls can’t maintain uptrend
Technical levels: support – 1.3530; resistance – 1.3590.
Trade recommendations:
- Buy — 1.3530; SL — 1.3510; TP1 — 1.3590; TP2 — 1.3630.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market on the support of Tenkan-sen and Kijun-sen, but it needs correction to Cloud.
Tatyana Norkina
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