AUD/CHF rising inside minor C-wave

AUD/CHF rising inside minor C-wave

  • AUD/CHF rising inside minor C-wave
  • Next sell target - 0.7400

AUD/CHF has been falling sharply in the last few trading sessions inside the minor C-wave of the intermediate ABC correction (2) from the middle of September. The price earlier broke through the two consecutive support levels 0.7580 (low of the earlier wave A) and 0.7510 (monthly low from August). The breakout of these support levels accelerated the active waves C and (2). AUD/CHF is expected to fall to the next ell target at the next support level 0.7400.


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GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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