CAD/CHF broke support area Next sell target 0…
GBP/NZD rising inside minor impulse wave 3
- GBP/NZD rising inside minor impulse wave 3
- Next buy target - 2.0000
GBP/NZD continues to rise inside the minor impulse wave 3, which today broke through the resistance level 1.9600 (which was set as the buy target in our previous forecast for this currency pair). The price earlier broke through the resistance level 1.9470, intersecting with the resistance trendline of the daily up channel from 2016. GBP/NZD is expected to rise toward the next buy target at the next round resistance level 2.0000 (target for the completion of the impulse (iii)).
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…