AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: euro in negative mood
Technical levels: support – 1.1830; resistance – 1.1880, 1.1960.
- Buy — 1.1890; SL — 1.1870; TP1 — 1.1960; TP2 – 1.2000.
- Sell — 1.1850; SL — 1.1870; TP1 — 1.1760.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are under strong resistance of Kijun-sen and Senkou Span A.
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…