CAD/JPY reversed from resistance zone Next sell target - 84…
USD/CAD broke key resistance level 1.3000
- USD/CAD broke key resistance level 1.3000
- Next buy target - 1.3200
USD/CAD recently broke through the key round resistance level 1.3000 (which stopped the earlier minor impulse wave (i) earlier this month, as can be seen from the daily USD/CAD chart below). The breakout of the resistance level 1.3000 accelerated the active minor impulse wave 3. USD/CAD is likely to rise toward the next buy target at the next resistance level 1.3200 (forecast price for the completion of the active impulse wave 3).
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…