GBP/NZD reversed from support zone Next buy targets - 1…
EUR/CHF reversed from support trendline
- EUR/CHF reversed from support trendline
- Next buy target - 1.1630
EUR/CHF today reversed up from the support trendline of the wide daily up channel from last August. The upward reversal from this support trendline continues the active minor impulse wave 1 of the intermediate impulse wave (1) from the start of February. If the pair closes near the current levels it will form the daily Morning Star. EUR/CHF is expected to rise further toward the next buy target at next resistance level 1.1630 (top of the previous (B)-wave).
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…