AUD/NZD experienced an impressive rally since the end of March.
USD/JPY: SSB is under attack
Technical levels: support – 111.00, 110.15; resistance – 111.70.
- Sell — 111.70; SL — 111.90; TP1 — 111.00; TP2 — 110.15.
- Buy — 111.20; SL — 111.00; TP1 — 111.70.
Reason: neutral Ichimoku Cloud, Senkou Span A and B have a same value; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are on Senkou Span B.
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…