EUR/GBP broke key resistance level 0…
AUD/NZD rising inside sharp C-wave
- AUD/NZD rising inside sharp C-wave
- Next buy target - 1.0800
AUD/NZD has been rising sharply in the last few trading sessions inside the sharp minor C-wave of the intermediate ABC correction (2) from the end of June. The price earlier broke through the two consecutive Fibonacci correction levels (50% and 61.8%) of the previous sharp downward impulse from the start of May. AUD/NZD can then be expected to rise further toward the next buy target at the next resistance level 1.0800 (target price calculated for the termination of the active correction (2)).
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…