ANF rising inside the minor correction B, which started earlier from the key support level 113.40, which has been reversing the pair from the middle of February.
The price is currently approaching the resistance trendline of the daily down channel from March – which should be broken for the price to rise further.
Given the strong multi-month uptrend, ANF air can be expected rise further to the next resistance level 132.31 (top of wave (b) from the start of April).
Market picture The release of US inflation data sparked a surge in risk asset purchases,…
• Gold broke daily down channel • Likely to reach resistance level 2415.00 Gold recently…
• AUDUSD broke key resistance level 0.6650 • Likely to reach resistance level 0.6760 AUDUSD…
The US dollar has been under relentless pressure since last Thursday, approaching more than one-month…
Market Picture Neither the meme mania in equities, the overall positivity in stock indices, nor…
• EURCHF rising inside impulse wave 3 • Likely to reach resistance level 0.9835 EURCHF…
This website uses cookies