AUD/CHF reached buy target 0…
Daily Market Analysis
The price is rising in wave [C] of ii. The main intraday target is 6/8 MM Level.
The 55 Moving Average has acted as a support, so we've got an "Inverted Hammer", which has been confirmed enough.
There's a bullish "Hammer", so the price is likely going to rise towards the closest "Window".
The 55 Moving Average is acting as a support. Also, there's a "V-Bottom", so the price is consolidating.
Considering the last "Triple Top", the market is going to test support at 1.0819 - 1.0729, which was formed by the "Breakaway Gap".
EUR/AUD reversed from key resistance level 1…
GBP/JPY reversed from resistance zone Next sell target - 144…
There's a "Tower' pattern. The price has reached the 34 Moving Average, so we could have a local bullish correction.
We don't have any reversal pattern so far, which means bears are going to test the next "Window".
We've got a pullback from 4/8 MM Level, so bulls are likely going to deliver wave ii, which could take the form of a zigzag.
Bulls faced resistance at 1.2995, so the market is likely going to achieve the 34 Moving Average.