AUD/NZD experienced an impressive rally since the end of March.
AUD/USD: aussie supported by Cloud
Technical levels: support – 0.7600; resistance – 0.7650, 0.7690.
- Buy — 0.7620; SL — 0.7600; TP1 — 0.7690; TP2 — 0.7730.
Reason: narrow bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the prices supported by Senkou Span A and the market may go higher.
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…