AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: euro returned again to SSA
Technical levels: support – 1.1160; resistance – 1.1210.
- Buy — 1.1220; SL — 1.1200; TP1 — 1.1300; TP2 – 1.1340.
- Sell — 1.1180; SL — 1.1200; TP1 — 1.1080; TP2 – 1.1060
Reason: bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are returned to upper bounds of the Cloud after testing the support of Senkou Span B.
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…