CAD/JPY reversed from resistance zone Next sell target - 84…
AUD/CAD reversed from support area
- AUD/CAD reversed from support area
- Next buy target - 0.9780
AUD/CAD continues to rise inside the sharp upward correction which started earlier from the powerful support area lying between the long-term support level 0.9600 (which also reversed the price in January) and lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer. AUD/CAD is expected to rise to the next buy target at the next resistance level 0.9780.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…