USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
USD/JPY: dollar keep staying inside Cloud
Technical levels: support – 110.90, 111.30; resistance – 112.00, 112.80.
- Buy — 111.30; SL — 111.10; TP1 — 112.00; TP2 — 112.80.
Reason: bullish Ichimoku Cloud but rising Senkou Span B; a correctional dead cross of Tenkan-sen and Kijun-sen; the prices on the support of Senkou Span B and may continue growing up.
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
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