Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
NZD/USD: waves are coming
TP1 0.7395 TP2 0.7475 TP3 0.76
On the daily chart of NZD/USD, the inability of bears to break below 0.7170 (50% of the wave 4-5 of the “Widening wedge” pattern) points at their weakness. To resume the uptrend, bulls need to push the pair above resistance sat 0.7395 and 0.7475.
On H1, NZD/USD after forming a widening wedge the pair formed “Wolfe waves”. A break of diagonal resistance at 2-4 will create grounds for continuation up to 1-4.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen.
On the daily chart of AUD/USD, bears tried to break the important support at 0.7362
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…