Technical levels of AUD/CAD
NZD/CAD reversed from support zone
- NZD/CAD reversed from support zone
- Next buy target - 0.9000
NZD/CAD recently reversed up from the support zone lying between the support level 0.8830 (pervious sell target) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier minor impulse wave (iii). NZD/CAD is expected to rise further toward the next buy target at the next round resistance level 0.9000 (former support from the end of April).
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...