GBPJPY
On GBPJPY we can see fifth session of strong reaction after lately drops. After breaching Tenkan-sen 183.90 price is getting closer to resistance at 187.79 set by Kijun-sen and Senkou Span B. Breaching this resistance will mean going back to dominating since 2012 uptrend. Drop below Tenkan-sen will be signal that GBPJPY correction didn’t ended.
AUDNZD
Yesterday AUDNZD breached at one time all resistances – Tenkan Sen, Senkou Span B and Kijun-sen. Chikou Span reached to candle resistance and reaction for this is correction of yesterday’s gains. To keep uptrend it is necessary to defend Tenkan-sen 1.1099. On AUDNZD there is possibility either of side trend either going back to uptrend with range (8/8)P 1.1475.
AUDCAD
There are also upper corrections on AUDCAD. The price is above Tenkan-sen and (4/8)P 0.9277 line, which is support now. Resistance is at (5/8)P 0.9399 line, which covers bottom line of consolidation from April-June 2015 and then Kijun-sen 0.9411. As long as AUDCSD is below these levels last down tendency should be treated as correction od downtrend.
