EUR/NZD rising inside minor impulse wave 3

EUR/NZD rising inside minor impulse wave 3

  • EUR/NZD rising inside minor impulse wave 3
  • Next buy target - 1.7600

EUR/NZD continues to rise inside the minor impulse wave 3, which recently broke through the key resistance level 1.7190 (which stopped the previous minor impulse wave (i) in October). The breakout of the resistance level 1.7190 accelerated the active minor impulse wave (iii) and 3 – which belong to the sharp intermediate impulse wave (3) from the end of June. EUR/NZD is expected to rise toward the next buy target at the next resistance level 1.7600.


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GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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