Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
AUD/USD: confirmed 'Thorn' pattern
Information is not investment advice
The last pullback from the Moving Averages led to form a new local high, so there's a 'Thorn' pattern, which has been confirmed. In this case, it's likely to have a local correction towards the nearest support at 0.7151 - 0.7147. This area could be a starting point for another advance in the direction of the next resistance at 0.7198 - 0.7206.
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Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
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Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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