CAD/CHF broke support zone
CAD/CHF broke support zone Next sell target - 0…
AUD/NZD reversed from powerful support zone
- AUD/NZD reversed from powerful support zone
- Next buy target - 1.0920
AUD/NZD recently reversed up sharply from the powerful support zone lying at the intersection of the pivotal support level 1.0650 (which has been reversing the price from the end of February), lower daily Bollinger Band and the 50% Fibonacci correction of the earlier sharp upward impulse wave ① from January. The upward reversal from this support zone started the active impulse wave ③.
AUD/NZD is expected to rise to the next buy target at the next resistance level 1.0920 (which reversed the pair sharply at the end of April).
Dmitry Chernovolov
Similar
USD/JPY: 'Morning Star' pattern
The pair is going to test the upper 'Window' shortly. A pullback from this level could be a starting point for another decline...
EUR/USD: 'Doji' formed on the 34 Moving Average
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...
Popular
AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
Deposit with your local payment systems
