AUD/NZD experienced an impressive rally since the end of March.
AUD/USD: aussie under main resistance
Technical levels: support – 0.7520; resistance – 0.7540.
- Sell — 0.7510; SL — 0.7530; TP1 — 0.7470; TP2 — 0.7420.
Reason: bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.
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…