AUD/CHF rising inside minor impulse wave 3

AUD/CHF rising inside minor impulse wave 3

  • AUD/CHF rising inside minor impulse wave 3
  • Next buy target - 0.7620

AUD/CHF continues to rise inside the sharp minor impulse wave 3 – which earlier broke through the multiple consecutive resistance levels – 0.7400 (previous by target), 0.7460 (top of the previous minor correction (iv)), 50% Fibonacci correction of the previous downward ABC correction (2) from February, and most recently – the pair broke through 0.7520 (monthly high from June). AUD/CHF can then be expected to rise further to the next buy target at the next resistance level 0.7620 (top of the earlier wave (ii) from May).


Latest news

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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