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Ichimoku Cloud Analysis 07.04.2022 EURUSD, NZDUSD, USDCHF

EURUSD, Euro vs US DollarEURUSD is rebounding from the broken resistance area at 1.0920; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 1.0965 and then resume moving downwards to reach 1.0735. Another signal in favour of a further downtrend will be a rebound from the descending channels upside border. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 1.1115. In this case, the pair may continue growing towards 1.1205.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is testing the support level at 0.6902; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the clouds upside border at 0.6940 and then resume moving downwards to reach 0.6760. Another signal in favour of a further downtrend will be a rebound from the rising channels downside border. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 0.6995. In this case, the pair may continue growing towards 0.7095.USDCHF, US Dollar vs Swiss FrancUSDCHF is testing the descending channels broken border at 0.9324; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.9295 and then resume moving upwards…

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