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Ichimoku Cloud Analysis 24.01.2022 NZDUSD, EURUSD, AUDUSD

NZDUSD, New Zealand Dollar vs US DollarNZDUSD is trading at 0.6708; 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 0.6755 and then resume moving downwards to reach 0.6590. 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 0.6835. In this case, the pair may continue growing towards 0.6925.EURUSD, Euro vs US DollarEURUSD is trading at 1.1318; 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 1.1355 and then resume moving downwards to reach 1.1225. 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 1.1415. In this case, the pair may continue growing towards 1.1505. To confirm further decline, the asset must break the patterns downside border and fix below 1.1280.AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7159; 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 0.7205 and then…

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