EUR/CHF reversed from support area Next buy target - 1…
USD/CAD reversed from resistance zone
- USD/CAD reversed from resistance zone
- Next sell target - 1.2750
USD/CAD recently reversed down from the resistance zone lying between the key resistance level 1.3000 and upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star – which marked the start of the active intermediate impulse wave (3). USD/CAD is expected to fall further toward the next sell target at the next support level 1.2750 (low of the previous waves B and (ii)).
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…