
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
We've got a pullback from 8/8 MM Level, so a double zigzag in wave [y] of 2 may have been formed. Therefore, we could have bearish wave (i) in the short term. In this case, we should keep an eye on 6/8 MM Level as an intraday target.
There's a downward impulse in wave ii, so bulls are likely going to deliver a local correction. However, if we see a pullback from 8/8 MM level, there'll be an opportunity to have another bearish impulse in wave iii of (i).
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
The market is likely going to reach the next resistance area at 1.3374 - 1.3385. If a pullback from these levels happens little later on...
There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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