Technical levels of AUD/CAD
CAD/CHF reversed from support area
- CAD/CHF reversed from support area
- Next buy target 0.7730
CAD/CHF recently reversed up from the support area lying between the key support level 0.7600 (which reversed the earlier minor correction (iv) in April, as can be seen below) and the 61.8% Fibonacci correction of the previous upward impulse from the end of April. The upward reversal from this support area stopped the previous minor impulse wave 3. CAD/CHF is expected to rise further toward the next buy target at the next resistance 0.7730.
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...