CAD/JPY reversed from resistance zone Next sell target - 84…
AUD/CHF falling minor impulse wave (iii)
- AUD/CHF falling minor impulse wave (iii)
- Next sell target - 0.7150
AUD/CHF recently reversed down from the key resistance level 0.7420 (former powerful support level which stopped the previous intermediate impulse wave (1) at the start of November). The downward reversal from the resistance level 0.7420 started the active minor impulse wave (iii) which belongs to the intermediate impulse wave (3) from the middle of January. AUD/CHF is expected to fall further toward the next sell target at the next support level 0.7150 (multi-month low from June).
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…