On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
USD/JPY: Dollar feels good
Technical levels: support – 111.50; resistance – 112.00/20.
- Buy — 111.55; SL — 111.35; TP1 — 112.00; TP2 — 112.45.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen.
On the daily chart, NZD/USD reached 224% target of junior AB=CD and bulls are trying to counterattack.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
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…