Technical levels of AUD/CAD
NZD/JPY falling inside minor impulse wave (iii)
- NZD/JPY falling inside minor impulse wave (iii)
- Next sell target - 74.70
NZD/JPY has been falling in the last few trading sessions inside the minor impulse wave (iii) – which started earlier from the resistance area lying between the key resistance level 77.500 (which has been reversing the price from May) and the upper daily Bollinger Band. NZD/JPY is expected to fall further toward the next sell target at the next support level 74.70 (low of wave (i)).
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...