AUD/NZD experienced an impressive rally since the end of March.
AUD/USD: aussie going to Senkou Span B
Technical levels: support – 0.7550; resistance – 0.7610, 0.7630.
1. Buy — 0.7550; SL — 0.7530; TP1 — 0.7610; TP2 — 0.7630.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are entered into the Cloud and growing to upper border – Senkou Span B.
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…