
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
GBP/CHF recently reversed down from the strong resistance level 1.3040 (former powerful support from May and June, acting as resistance after it was broken by the previous impulse wave (i)). The downward reversal from the resistance level 1.3040 accelerated the active short-term impulse wave 3 from July. GBP/CHF is expected to fall further toward the next sell target at the next support level 1.2830 (target price for the termination of the active impulse wave 3).
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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