CAD/JPY reversed from resistance zone Next sell target - 84…
EUR/AUD reversed from support area
- EUR/AUD reversed from support area
- Next buy target - 1.6160
EUR/AUD recently reversed up from the support zone lying between the support level 1.5860 (which reversed the previous wave (iv)), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from March. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Hammer. EUR/AUD is expected to rise toward the next buy target at next resistance level 1.6160 (high of the previous impulse 1).
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…