Technical levels of AUD/CAD
AUD/NZD broke support area
- AUD/NZD broke support area
- Next sell target - 1.0750
AUD/NZD today broke the support area lying between the key support level 1.0800 (which reversed the price twice in the last two weeks, as can be seen below), support trendline of the daily up channel from April and the 50% Fibonacci correction of the upward price impulse from May. AUD/NZD is expected to fall further toward the next sell target at the next support level 1.0750 (former resistance from May).
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...