AUD/NZD experienced an impressive rally since the end of March.
AUD/USD: aussie keep staying inside a Cloud
Technical levels: support – 0.7760; resistance – 0.7840
- Sell — 0.7820; SL — 0.7840; TP1 — 0.7760; TP2 — 0.7700.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are inside a Cloud and there is a strong resistance of 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…