NZD/CHF is at the important border
Technical analysis of NZD/CHF
AUD/CAD reversed from resistance area
- AUD/CAD reversed from resistance area
- Next sell target - 0.9770.
AUD/CAD continues to fall after the earlier downward reversal from the resistance area lying between the key resistance level 0.9900 (previous buy target), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from August. The downward reversal from this resistance area started the active impulse wave (iii). AUD/CAD is expected to fall to the next sell target at the next support level 0.9770.
Dmitry Chernovolov
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On H4 of AUD/NZD, the pair has been moving to the resistance at 1.0538.
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On the daily chart of CAD/CHF, the pair is near the resistance of 0.7490.
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