Technical levels of AUD/CAD
EUR/GBP reversed from resistance zone
- EUR/GBP reversed from resistance zone
- Next sell target - 0.8900
EUR/GBP recently reversed down from resistance zone lying between the powerful resistance level 0.8960 (which has been reversing all upward impulse from last November, as can be seen from the daily EUR/GBP chart below) and the upper daily Bollinger Band. EUR/GBP is expected to fall further toward the next sell target at the next support level 0.8900 (former strong resistance from the start of July).
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...