EUR/NZD reversed from key support level 1…
AUD/CHF reached buy target 0.7670
- AUD/CHF reached buy target 0.7670
- Next buy target - 0.7780
AUD/CHF recently corrected down after reaching the resistance level 0.7670 (which reversed the previous minor correction (b) and which was set as the buy target in our earlier forecast for this currency pair). The pair today resumed the upward movement in line with the active minor impulse wave 3, which belongs to the intermediate impulse wave (3) from the end of August. AUD/CHF is expected to rise to the next buy target at the next resistance level 0.7780 (top of the earlier waves (1) and 1).
The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
GBP/CHF broke pivotal resistance level 1…