Technical levels of AUD/CAD
GBP/NZD reversed from support zone
- GBP/NZD reversed from support zone
- Next buy targets - 1.9620 and 1.9740
GBP/NZD continues to rise after the earlier upward reversal from the support zone lying between the support level 1.9300 and the 50% Fibonacci correction of the previous upward impulse wave 1 from June. The upward reversal from this support zone started the active minor impulse wave 3. GBP/NZD is expected to rise further toward the next buy targets at the next resistance levels 1.9620 and 1.9740.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...