CAD/JPY reversed from resistance zone Next sell target - 84…
USD/CHF rising inside minor corrective wave (ii)
- USD/CHF rising inside minor corrective wave (ii)
- Next buy target - 0.9500
USD/CHF continues to rise inside the minor corrective wave (ii), which started earlier from the support zone lying between the key support level 0.9240 and the lower daily Bollinger Band. The active corrective wave (ii) belongs to the minor impulse wave 3 of the intermediate impulse wave (3) from the start of December. USD/CHF is expected to rise further toward the next buy target at the next resistance level 0.9500 (target price for the completion of wave (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…