CAD/CHF broke support area Next sell target 0…
EUR/GBP reversed from support area
- EUR/GBP reversed from support area
- Next buy target - 0.8860
EUR/GBP recently reversed up from the support area lying between the powerful support level 0.8740 (which has reversed multiple downward corrections from June as can be seen below) and lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor impulse wave 3. EUR/GBP is expected to rise to the next buy target at the next resistance level 0.8860.
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…