EUR/USD: 'Three Methods' pushed market lower
The price reached the 144 Moving Average, but there's no any bullish pattern so far. Thus, the price is likely going to test the next support...
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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