On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
USD/JPY: Dollar going to new lows
Technical levels: support – 110.15; resistance – 110.90.
- Sell — 110.90; SL — 111.10; TP1 — 110.20; TP2 — 119.60.
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; Tenkan-sen and Kijun-sen will make a new dead cross; the prices are bounced from Senkou Span A and made the new lows for last two weeks.
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…