AUD/NZD experienced an impressive rally since the end of March.
EUR/USD: the Bears looks strong
Technical levels: support – 1.2150, 1.2250; resistance – 1.2300.
- Sell — 1.2240; SL — 1.2260; TP1 — 1.2180; TP2 — 1.2150
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen and Kijun-sen; the market returned to 3-W lows again.
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…