AUD/NZD experienced an impressive rally since the end of March.
AUD/USD: bulls returned aussie to positive area
Technical levels: support – 0.7630; resistance – 0.7660, 0.7680.
- Buy — 0.7630; SL — 0.7610; TP1 — 0.7680; TP2 — 0.7700.
Reason: narrow bearish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are breaking out the SSA’s resistance and returned to the positive zone.
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…