CAD/CHF broke support area Next sell target 0…
EUR/CAD falling inside minor corrective wave (ii)
- EUR/CAD falling inside minor corrective wave (ii)
- Next sell target - 1.4960
EUR/CAD continues to fall inside the minor corrective wave (ii) – which started earlier from the strong resistance area lying between the resistance levels 1.5250 (which stopped the previous intermediate impulse wave (1) in June) and the upper daily Bollinger Band. EUR/CAD is expected to fall to the next sell target at the next support level 1.4960 (target price for the completion of the active wave (ii)).
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…