USD/TRY has moved sharply down this week falling to the support line since the end of November.
GBP/USD: pound will test SSB’s support
Technical levels: support – 1.3280; resistance – 1. 3410.
- Buy — 1.3280; SL — 1.3260; TP1 — 1.3410; TP2 — 1.3460.
Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen, but rising Tenkan-sen; the prices are on the strong support inside a Cloud.
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…