GBP/NZD reversed from support zone Next buy targets - 1…
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.
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…