NZD/USD made a confident rebound during the recent two weeks.
AUD/USD: aussie may continue downtrend
Technical levels: support – 0.7640; resistance – 0.7670
- Sell — 0.7630; SL — 0.7650; TP1 — 0.7570; TP2 — 0.7530.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an irregular golden cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices returned into the negative area and may continue falling down.
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…