AUD/NZD experienced an impressive rally since the end of March.
USD/CHF: franc was eaten by a shark
TP1 0.9745 TP2 0.9755 TP3 0.9780
On the daily chart, USD/CHF keeps rallying towards 224% and 88.6% targets of AB=CD and the “Shark”. The bulls are in control of the situation, the pullbacks and successful tests of resistances should be used for buying.
On H1, USD/CHF formed AB=CD with a target at 200%. The previous resistance at 0.9645 is currently acting as support. As long as the pair didn’t fall below 0.9560, bulls have nothing to worry about.
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…