NZD/CAD could find a top around 0.8930
NZD/CAD managed to make a rebound above the May 17th lows and it’s currently making a retracement from the decline held since May 8th…
GBP/AUD broke powerful resistance level 1.7650
- GBP/AUD broke powerful resistance level 1.7650
- Next buy target - 1.7800
GBP/AUD continues to rise inside the minor impulse wave 3, which today broke through the powerful, multi-month resistance level 1.7650 (which stopped the previous intermediate impulse wave (1) in May, as can be seen from the daily GBP/AUD chart below). GBP/AUD is expected to rise further in the active impulse waves 3 and (3) toward the next buy target at the next resistance level 1.7800.
Dmitry Chernovolov
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