AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: bulls are counterattacking
TP1 1.1765 TP2 1.1745 TP3 1.1665
On the daily chart, EUR/USD reached an interim target at 113% of the junior “Crab” pattern. This increases the risks of a pullback to23.6%, 38.2% and 50% of the wave AD. As long as the pair is below 1.2165, bears will remain in control. The target of 88.6% of the “Bat” is still actual.
On H1, EUR/USD is correcting to the downtrend. To continue the decline, bears need to pull the pair below 1.1845.
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…