
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
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AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA). The downtrend resistance line was also located nearby. The pair topped on H4 and slid below the 100-period MA at this timeframe (0.7085). The odds are that the Aussie weakened by the dovish RBA will revisit at least last week’s lows. The downside target can be put at 0.7040. Further support is at 0.6970.
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
The 200-period MA just above 1.3650 supported GBP/USD. The pair formed a higher low on the H1.
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
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Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
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