GBP/USD: 'V-Top' pattern points to decline
We should keep an eye on the 34 MA as an intraday target. A pullback from this line could be a departure point for...
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).
Dmitry Chernovolov
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