Technical levels of AUD/CAD
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)).
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...