EUR/GBP broke key resistance level 0…
EUR/AUD broke major resistance level 1.5750
- EUR/AUD broke major resistance level 1.5750
- Next buy target - 1.6000
EUR/AUD recently broke above the major resistance level 1.5750 (which has been steadily reversing the price from last November, as can be seen from the daily EUR/AUD chart below). The breakout of the resistance level 1.5750 accelerated the active impulse wave 3, which belongs to the intermediate impulse wave (C) from last July. EUR/AUD is expected to rise toward the next buy target at next resistance level 1.6000 (target price for the completion of wave 3).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…