AUD/NZD experienced an impressive rally since the end of March.
GBP/USD: pound supported inside Cloud
Technical levels: support – 1.3310, 1.3380; resistance – 1. 3560.
- Buy — 1.3400; SL — 1.3380; TP1 — 1.3510; TP2 — 1.3560.
Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the prices are on the strong support inside a Cloud.
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…