AUD/NZD experienced an impressive rally since the end of March.
USD/JPY: the Dollar looks for 111.00
Technical levels: support – 110.00; resistance – 110.50, 111.00.
- Sell — 111.00; SL — 111.20; TP1 — 110.50; TP2 — 110.00.
Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are fixed above 110.00 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…