USD/JPY: 'Three Methods' pattern still in force
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
CAD/CHF falling inside impulse wave (C)
- CAD/CHF falling inside impulse wave (C)
- Next sell target - 0.7260
CAD/CHF has been under strong bearish pressure lately – breaking through numerous consecutive support levels – 0.7600, support trendline of the daily down channel from September and the support level 0.7530 (former key support from August. CAD/CHF is expected to fall further toward the next sell target at next support level 0.7260 (top of wave (2) from June and the target price for the termination of the active intermediate impulse wave (C)).
Dmitry Chernovolov
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