CAD/CHF broke support area Next sell target 0…
EUR/AUD reversed from support area
- EUR/AUD reversed from support area
- Next buy target - 1.5700
EUR/AUD today reversed up sharply from the support area lying between the strong support level 1.5355 (former resistance level from October), 61.8% Fibonacci correction of the previous sharp upward impulse wave form the start of November and the support trendline of the daily up channel from September. EUR/AUD is expected to rise to the next buy target at the next resistance level 1.5700 (top of the previous corrective wave (b)).
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…