GBP/NZD reversed from support zone Next buy targets - 1…
AUD/JPY broke resistance area
- AUD/JPY broke resistance area
- Next buy target - 88.00
AUD/JPY recently broke through the resistance area lying at the intersection of the resistance level 86.50, resistance trendline of the daily down channel from September and the 50% Fibonacci correction of the previous ABC correction (B) from September. AUD/JPY is expected to rise to the next buy target at the next resistance level 88.00 (target price for the completion of wave 3 and the top of the previous minor correction (ii) from November).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…