Last week NZD/USD made a significant thrust to the downside.
AUD/USD: aussie looking for support of Kijun
Technical levels: support – 0.8030; resistance – 0.8080, 0.8120.
- Buy — 0.8030; SL — 0.8010; TP1 — 0.8080; TP3 — 0.8120.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is seeking the support on Kijun-sen for continue uptrend.
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…