Technical levels of AUD/CAD
CHF/JPY reversed from resistance zone
- CHF/JPY reversed from resistance zone
- Next sell target -111.00
CHF/JPY recently reversed down from the resistance zone lying between the key resistance level 113.00 (which also reversed the price in March, as can be seen from the daily CHF/JPY chart below), resistance trendline of the daily up channel from May and the upper daily Bollinger Band. CHF/JPY is expected to fall further toward the next sell target at the next support level 111.00 (target for completion of wave 2).
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...