• CADCHF reversed from support zone
• Likely to rise to 0.6970
CADCHF continues to rise inside the short-term impulse wave 3, which started earlier from the support zone lying between the support level 0.6840, lower daily Bollinger Band and the support trendline of the daily down channel from October.
The active impulse wave 3 belongs to the strong intermediate upward impulse sequence (3) from the end of July.
CADCHF is likely to rise further toward the next strong resistance level 0.6970 (top of wave (b) of the previous ABC correction 2).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies