AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: euro corrected to Kijun-sen
Technical levels: support – 1.0760, 1.0740; resistance – 1.0800/20.
1. Buy — 1.0740; SL — 1.0720; TP1 — 1.0800; TP2 – 1.0820.
Reason: bullish Ichimoku Cloud, but the Senkou Span A is falling; a golden cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are corrected to Kijun-sen and may continue correction to 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…