GBP/NZD reversed from support zone Next buy targets - 1…
EUR/NZD reversed from key support level 1.7160
- EUR/NZD reversed from key support level 1.7160
- Next buy target - 1.7400
EUR/NZD today reversed up from the key support level 1.7160 (former strong resistance level from October – acting as support after it was broken previously). The upward reversal from the support level 1.7160 continues the active minor impulse wave 3 – which belongs to the intermediate upward impulse wave (3) from June. EUR/NZD is expected to rise toward the next buy target at the next resistance level 1.7400 (top of the previous impulse wave (i)).
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…