Wave 5 of (C) might have been formed. Therefore, there's an opportunity to have wave 1 in the short term...
Daily Market Analysis
The pair is likely going to test the Moving Averages, which could be a departure point for another bearish price movement...
If all the Moving Averages act as resistance, there'll be an opportunity to have another decline...
The price is likely going to test the nearest resistance area at 1.3944 - 1.3979. At the same time, if we see a pullback from these levels...
It's likely that the pair is going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on...
This week was shaking for the cable…
The pair is likely going to test the next support area because of there's no any reversal pattern so far...
The price is likely going to continue declining towards the next support in the coming days...
The main intraday target is the next support at 1.3834 - 1.3741. Meanwhile, if a pullback from this area happens...
The market is likely going to test the nearest support 1.2164 in the coming hours...
AUD/CHF falling minor impulse wave (iii) Next sell target - 0…
CAD/CHF falling inside minor impulse wave 5 Next sell target - 0…