EUR/USD: bullish 'High Wave' and 'Harami'
We should keep watching the next resistance at 1.1776 as an intraday target...
GBP/AUD reversed from support zone
- GBP/AUD reversed from support zone
- Next buy target - 1.7900
GBP/AUD recently reversed up with the daily Hammer from the support area lying between the key support level 1.7600 (which reversed the previous impulse wave (iii) in November as can be seen below) and 38.2% Fibonacci correction of the previous minor impulse wave from October. GBP/AUD is expected to rise to the next buy target at the next resistance level 1.7900 (which reversed the previous sharp minor impulse wave (iii)).
Dmitry Chernovolov
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