The main intraday target is the next resistance at 1.3189 - 1.3216. If a pullback from these levels happens next...
NZD/USD broke pivotal support level 0.7200
- NZD/USD broke pivotal support level 0.7200
- Next sell target - 0.7200
NZD/USD today broke below the pivotal support level 0.7200 (which has been reversing the price from the start of February, as can be seen below). The breakout of support level 0.7200 accelerated the active minor impulse wave 3, which belongs to the intermediate impulse wave (3) from the middle of February. NZD/USD is expected to fall further toward the next sell target at next support level 0.7200.
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…