EUR/GBP broke key resistance level 0…
USD/CAD broke combined resistance zone
- USD/CAD broke combined resistance zone
- Next buy target - 1.2600
USD/CAD continues to rise after the earlier breakout of the combined resistance zone lying at the intersection of the key resistance level 1.2410, resistance trendline of the daily down channel from May, 30-day moving average and the 50% Fibonacci correction of the previous downward impulse 1 from August. The breakout of this resistance zone accelerated the active minor wave 2. USD/CAD is expected to rise to the next buy target at the next resistance level 1.2600 (target price for the completion of the active wave 2).
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…