EUR/USD: 'Evening Star' pattern
There's a green light to have a bearish correction towards the Moving Averages. If a pullback from these lines happens next...
GBP/CHF broke powerful support level 1.3040
- GBP/CHF broke powerful support level 1.3040
- Next sell target - 1.2900
GBP/CHF continues to fall after the earlier breakout of the powerful support level 1.3040 (which stopped earlier impulse waves (1) and 1, as can be seen from the daily GBP/CHF chart below). The breakout of support level 1.3040 accelerated the active minor impulse wave 3 – which belongs to the medium-term impulse wave (3) from the middle of June. GBP/CHF is expected to fall further toward the next sell target at the next support level 1.2900 (which reversed the pair in March).
Dmitry Chernovolov
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AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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