CAD/JPY reversed from resistance zone Next sell target - 84…
NZD/CHF reversed from support area
- NZD/CHF reversed from support area
- Next buy target - 0.7090
NZD/CHF recently reversed up from the support area lying between the pivotal support level 0.6970 (former strong resistance level, which stopped the earlier waves 4 and A, as can be seen from the daily NZD/CHF chart below) and the 38.2% Fibonacci correction of the previous ABC correction (B) from November. NZD/CHF is expected to rise toward the next buy target at the next resistance level 0.7090 (top of the earlier ABC correction (B)).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…