The main intraday target is the next resistance at 1.3189 - 1.3216. If a pullback from these levels happens next...
AUD/NZD broke support zone
- AUD/NZD broke support zone
- Next sell target - 1.0700
AUD/NZD recently broke through the support zone lying between the key support level 1.0860 (which has been steadily reversing the price from the end of September) and the 50% Fibonacci correction of the previous intermediate impulse wave (C) from June. This price zone is acting as resistance area after it was broken. AUD/NZD is expected to fall further to the next sell target at the next support level 1.0700.
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…