
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
GBP/NZD recently reversed down from the resistance zone lying between the resistance levels 1.9620 and 1.9740. This resistance zone was further strengthened by the upper daily Bollinger Band. GBP/NZD is expected to fall further toward the next sell target at the next support level 1.9380 – the breakout of which can lead to further losses toward 1.9230 (low of wave (ii)).
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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