EUR/GBP broke key resistance level 0…
EUR/CAD broke key resistance level 1.5200
- EUR/CAD broke key resistance level 1.5200
- Next buy target - 1.5500
EUR/CAD recently broke sharply through the key resistance level 1.5200 (which stopped the previous intermediate impulse wave (1) in the middle of May, as can be seen below). The breakout of the resistance level 1.5200 accelerated the active minor impulse wave (iii) - which belongs to the impulse (3) from the start of September. EUR/CAD is expected to rise toward the next buy target at the next resistance level 1.5500 (forecast price for the completion of wave (iii)).
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…