AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: euro may return to Cloud
Technical levels: support – 1.0660, 1.0635; resistance – 1.0710.
1. Buy — 1.0670; SL — 1.0650; TP1 — 1.0710; TP2 – 1.0770.
Reason: expanding bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen and narrow channel of Tenkan-Kijun; the prices are under the Cloud and negative area, but there is a strong support on 1.0650/60.
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…