CAD/CHF broke support area Next sell target 0…
EUR/CAD rising inside minor impulse wave 3
- EUR/CAD rising inside minor impulse wave 3
- Next buy target - 1.5340
EUR/CAD continues to rise inside the minor impulse wave 3 which started previously with the daily Hammer from the support zone located between the support level 1.4960 (low of the previous minor correction (ii)), lower daily Bollinger Band and the 50% Fibonacci correction of the previous impulse wave 1. EUR/CAD is expected to rise toward the next buy target at the next resistance level 1.5340 (top of the previous minor impulse wave 1).
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…