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Ichimoku Cloud Analysis 13.12.2021 EURUSD, NZDUSD, AUDCAD

EURUSD, Euro vs US DollarEURUSD is trading at 1.1288; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the clouds upside border at 1.1295 and then resume moving downwards to reach 1.1125. Another signal in favour of a further downtrend will be a rebound from the upside border of the Triangle pattern. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 1.1345. In this case, the pair may continue growing towards 1.1435. To confirm further decline, the asset must break the support level and fix below 1.1205. This movement will indicate a breakout of the patterns downside border.NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6784; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.6790 and then resume moving downwards to reach 0.6665. 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 0.6840. In this case, the pair may continue growing towards 0.6935.AUDCAD, Australian Dollar vs Canadian DollarAUDCAD is trading at 0.9111; the instrument is moving aboveу Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate…

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