AUD/NZD experienced an impressive rally since the end of March.
USD/JPY: Dollar supported by Kijun-sen
Technical levels: support – 112.30; resistance – 113.20, 113.60.
- Buy — 112.50; SL — 112.30; TP1 — 113.20; TP2 — 113.60.
Reason: bullish Ichimoku Cloud and rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices supported by Tenkan-sen and Kijun-sen and may go higher.
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…