AUD/CAD reversed from support area Next buy target - 0…
EUR/NZD falling inside impulse wave ③
- EUR/NZD falling inside impulse wave ③
- Next sell target - 1.6500
EUR/NZD has been falling in the last few trading sessions inside the primary downward impulse wave ③ - which started earlier - when the pair reversed down with the weekly Shooting Star from the combined resistance zone lying between the resistance levels 1.7000 (previous buy target) and 1.7190, upper weekly Bollinger Band and the resistance trendline of the weekly up channel from January. EUR/USD is expected to fall further toward the next sell target at the next support level 1.6500.
GBP/AUD reversed from combined support zone Next buy target - 1…
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are entered into the Cloud.
There's a bearish "Harami", but confirmation of this pattern isn't enough. So, bulls are likely going to test the 34 MA...