AUD/NZD experienced an impressive rally since the end of March.
GBP/USD: pound is on new 2Y-highs
Technical levels: support – 1.4330; resistance – 1.4430.
- Sell — 1.4430; SL — 1.4450; TP1 — 1.4330; TP2 — 1.4300.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the market made a new 2Y-highs and will reach the strong resistance soon.
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…