EUR/USD: market to test the lower 'Window'
We've got a bearish 'Engulfing', which has been formed on the 34 Moving Average. In this case, the pair is likely going to...
CAD/JPY rising inside minor B-wave
- CAD/JPY rising inside minor B-wave
- Next buy target - 89.00
CAD/JPY continues rise inside the minor B-wave which started earlier from the support zone lying between the support level 85.60, 50% Fibonacci retracement of the previous upward impulse (3) from the start of June and the lower daily Bollinger Band. The active B-wave belongs to the intermediate ABC correction (4) from the end of July. CAD/JPY is expected to rise to next buy target at the next resistance level 89.00 (target price for the termination of the active wave B).
Dmitry Chernovolov
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