AUD/NZD experienced an impressive rally since the end of March.
GBP/USD: pound corrected to Tenkan-sen
Technical levels: support – 1.3660; resistance – 1.3780, 1.3830.
- Sell — 1.3780; SL — 1.3800; TP1 — 1.3660; TP2 — 1.3610.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows and in correctional movement to Tenkan-sen now.
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…