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Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices are returned to the positive area and may go higher.
NZD/USD has been strong across the board, rallying above the 200 SMA at H4 chart…
EUR/NZD broke support area Next sell target - 1…
GBP/USD reversed from support area Next buy target - 1…
The upper "Window" has acted as resistance, so there's a confirmed bearish "Harami"...
We could have a local bearish correction during the day, but bulls are likely going to reach the 144 MA afterwards...
Bears are likely going to reach the nearest support area at 1.3278 - 1.3259. Meanwhile, if a pullback from these level arrives afterwards...
The main intraday target is the next support at 1.1712 - 1.1695. If a pullback from this area happens little later on...
Recommendation: BUY 1…
Recommendation: BUY 0…
Bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of the Cloud.
Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with falling Tenkan-sen; the prices in a cloudy area on the support of Senkou Span B.
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