USD/CAD has reached resistance of June highs around 1.3386. It briefly tested levels above this point, but then returned lower.
USD/JPY: trend has changed
Technical levels: support – 108.50, 108.00; resistance – 109.50.
- Sell — 109.30; SL — 109.50; TP1 — 108.50; TP2 — 108.10.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market entered into the negative area changing so the main 4H-trend.
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…