GBP/USD reversed from support zone
GBP/USD reversed from support zone Next buy target - 1…
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)).
Dmitry Chernovolov
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The pair is likely going to reach the nearest support at 1.2957 - 1.2938 in the short term. This area could be a starting point for...
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