GBP/USD: 'Triple Top' pattern led to gap
The 55 Moving Average has acted as support. In this case, the market is likely going to test the nearest resistance...
AUD/NZD broke daily up channel
- AUD/NZD broke daily up channel
- Next sell target 1.0650
AUD/NZD continues to fall inside the minor correction 2, which previously broke the support trendline of the daily up channel from the middle of April. The breakout of this up channel should accelerated the active wave 2 – which started earlier from the resistance area lying between the resistance level 1.0950 and the resistance trendline of the daily up channel from April. AUD/NZD is expected to fall further toward the next sell target at the next support level 1.0650.
Dmitry Chernovolov
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