AUD/CAD reached sell target 0.9770

AUD/CAD reached sell target 0.9770

  • AUD/CAD reached sell target 0.9770
  • Next sell target - 0.9700

AUD/CAD has been under strong bearish pressure lately – following the earlier breakout of the key support level 0.9770 (which reversed the pair sharply in the middle of October and which was set as the sell target in our previous forecast for this currency pair). AUD/CAD is expected to fall further toward the next sell target at the next powerful support level 0.9700 (which revered the previous multiple waves from the middle of September, as can be seen below).

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GBP/USD: pound entered into channel Tenkan-Kijun

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.

gbp

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