CAD/JPY reversed from resistance zone Next sell target - 84…
AUD/CAD reversed from support zone
- AUD/CAD reversed from support zone
- Next buy target - 1.0330
AUD/CAD continues to rise inside the minor impulse wave (v) – which started earlier – when the pair reversed up from the support zone lying between the key support level 1.0160, support trendline of the daily up channel from January and the 50% Fibonacci correction of the upward impulse from February. The active impulse wave (v) belongs to wave 3 from January.
AUD/CAD is expected to rise to the next buy target at the resistance level 1.0330 (which reversed the previous minor impulse wave (iii) earlier this month).
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…