Last week NZD/USD made a significant thrust to the downside.
USD/JPY: Dollar’s falling continue
Technical levels: support – 110.00; resistance – 110.50.
- Sell — 110.50; SL — 110.70; TP1 — 110.00; TP2 — 109.60.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are made the new low – waiting for the correction to Tenkan an Kijun.
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…