GBP/NZD reversed from support zone Next buy targets - 1…
USD/CAD broke resistance zone
- USD/CAD broke resistance zone
- Next buy target 1.3200
USD/CAD continues to rise after the earlier breakout of the resistance zone lying between the key resistance level 1.2900 (which has been reversing the price from the end of September) and the 50% Fibonacci correction of the previous sharp downward impulse from May. The breakout of this resistance zone strengthened the bullish pressure on this currency pair. USD/CAD is expected to rise further toward the next buy target at the next resistance level 1.3200.
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…