USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
EUR/GBP: buy the EUR
BUY 0.8945 SL 0.889 TP1 0.9045 TP2 0.906 TP3 0.91
On the daily chart of EUR/GBP, the first target of the "Wolfe Waves" pattern was implemented. Bulls need to update the December's maximum to continue moving towards the 88.6% and 113% targets of the "Shark" pattern.
On H1, there is a short-term consolidation near the important level at 88.6% of the "Shark" pattern's CD wave. Bulls need to stick above this level and break the resistance at 0.8945 to continue rising towards the 200% target of the AB=CD pattern.
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
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