EUR/GBP broke key resistance level 0…
EUR/CHF broke key resistance level 1.1610
- EUR/CHF broke key resistance level 1.1610
- Next buy target - 1.1750
EUR/CHF continues to rise after the earlier breakout of the key resistance level 1.1610 (top of the previous minor correction B and the former strong support level from November and December). The breakout of the resistance level 1.1610 accelerated the active C-wave of the intermediate ABC correction (B) from February. EUR/CHF is expected to rise further toward the next buy target at the next resistance level 1.1750 – followed by 1.1800.
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…