GBP/USD: market to test the lower 'Window'
The market is consolidating along the Moving Averages. Previously, we had a 'Three Methods' pattern, which has been confirmed...
USD/CHF reached buy target 1.0100
- USD/CHF reached buy target 1.0100
- Next sell target - 0.9870
USD/CHF continues to fall sharply after the earlier downward reversal from the resistance zone located between the resistance level 1.0100 (previous buy target), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse from the start of January. The downward reversal from this resistance zone continues the active impulse waves 3 and (1).
USD/CHF is expected to fall to the next sell target at the next strong support level 0.9870 (which has been steadily reversing the price form the end of January).
Dmitry Chernovolov
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AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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