NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
AUD/CHF reached buy target 0.7320
- AUD/CHF reached buy target 0.7320
- Next buy target - 0.7520
AUD/CHF continues to rise steadily – after the earlier breakout of the resistance level 0.7320, which was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 0.7320 accelerated the active minor corrective wave (ii) – which started earlier from the key multi-month support level 0.7270 (which has been reversing the price from last year).
AUD/CHF is expected to rise to the next buy target at the next resistance level 0.7520 (previous resistance level, which reversed the price earlier this month).
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…