On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
GBP/USD: pound will test SSB’s support
Technical levels: support – 1.3460; resistance – 1.3530.
- Buy — 1.3460; SL — 1.3420; TP1 — 1.3530; TP2 — 1.3580.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market entered into cloudy area and will test the support of Senkou Span B.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…