AUD/NZD is making movements to the downside which are hard to ignore.
USD/CAD: will 5-0 be realized?
BUY 1.3435 SL 1.3380 TP 1.3650
BUY 1.3375 TP 1.3320 TP 1.3525
On USD/CAD daily chart, the 5-0 and Wolf Waves patterns are in the process of realization. If "bears" manage to test support levels at 1.3435 and 1.334, the target of Wolf Waves pattern will be fulfilled. In contrast, the rollback from 50% and 61.8% levels of the CB wave in the Shark pattern will allow the "bulls" to count on the restoration of the long-term uptrend.
On USD/CAD hourly chart, correction of the bullish trend continues. The rollback may end within the 161.8% target of the "Crab" pattern. It corresponds to the lower border of the upward trading channel.
USD/CHF may test lower levels this week as long as it keeps trading below the resistance at 1.01.
The pair is greatly influenced by the constant changes in global risk sentiment as well as the policy of the central banks.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…