GBP/NZD reversed from support zone Next buy targets - 1…
USD/CAD broke support zone
- USD/CAD broke support zone
- Next sell target - 1.2600
USD/CAD continues to fall after the earlier breakout of the support zone lying between the pivotal support level 1.2800 (which reversed the price twice in March) and the 38.2% Fibonacci correction of the upward price impulse 1 from the start of February. The breakout of this support zone accelerated the active minor impulse wave (c). USD/CAD is expected to fall further toward the next sell target at the next support level 1.2600.
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…