USD/CHF reversed from resistance zone Next sell target - 0…
EUR/AUD falling inside the minor ABC correction 4
- EUR/AUD falling inside the minor ABC correction 4
- Next sell target - 1.4650
EUR/AUD continues to fall inside the sharp minor ABC correction 4 – which earlier broke through the support trendline of the sharp daily up channel from April, upper trendline of the daily up channel from February, support level 1.4840 and the 38.2% Fibonacci correction of the previous upward impulse from April. EUR/AUD is expected to fall down further to the next sell target at the support level 1.4650 (which reversed the previous correction 2 and which is the forecast price for the termination of the active correction 4).
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…