The pair is greatly influenced by the constant changes in global risk sentiment as well as the policy of the central banks.
AUD/USD: aussie aimed at SSB
Technical levels: support – 0.7450, 0.7500; resistance – 0.7550, 0.7600
- Sell — 0.7590/0.7600; SL — 0.7620; TP1 — 0.7500; TP2 — 0.7450.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market inside a Cloud and the prices growing to SSB’s resistance.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…