Last week NZD/USD made a significant thrust to the downside.
AUD/USD: aussie may going higher
Technical levels: support – 0.7635; resistance – 0.7685, 0.7710.
1. Buy — 0.7635; SL — 0.7615; TP1 — 0.7685; TP2 — 0.7710.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are trying to breakout an upper border of the Cloud.
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…