CAD/JPY reversed from resistance zone Next sell target - 84…
GBP/AUD reversed from resistance zone
- GBP/AUD reversed from resistance zone
- Next sell target - 1.7365
GBP/AUD recently reversed down from the resistance zone lying between the resistance level 1.7660 (which stopped the previous primary ABC correction ② at the start of May) and the upper daily Bollinger Band. The downward reversal from this resistance zone completed the previous intermediate ABC correction (2) from the end of August. GBP/AUD is expected to fall toward the next sell target at the next support level 1.7365.
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…