Last week NZD/USD made a significant thrust to the downside.
GBP/USD: pound supported by Tenkan-sen
Technical levels: support – 1.3240; resistance – 1.3300.
- Buy — 1.3250; SL — 1.3230; TP1 — 1.3300; TP2 — 1.3330.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are supported on Tenkan-sen and will continue the uptrend.
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…