Technical levels of AUD/CAD
USD/JPY: dollar testing Cloud’s support
Technical levels: support – 112.40; resistance – 113.00.
- Buy — 112.50/60; SL — 112.30; TP1 — 113.00; TP2 — 113.50.
Reason: narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud, but supported by Senkou Span B.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...