Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
NZD/USD: pair to reach previously tested support
Information is not investment advice
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken. Also, we've got a bullish 'Pennant' pattern. However, there's a local 'V-Top' pattern, so the market is likely going to reach the previously tested support at 0.6813. If a pullback from this level happens afterwards, we should watch the already reached resistance at 0.6882 - 0.6892 as an intraday bullish target.
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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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