• GBPAUD reversed from support zone
• Likely to rise to resistance level 1.9000
GBPAUD recently reversed up from the support zone located between the support level 1.88 (which has been reversing the price from the start of August) and the 38.2% Fibonacci correction of the upward impulse form July.
The upward reversal from this support zone stopped the previous short-term corrective wave (ii).
Given the strong multi-month uptrend – GBPAUD can be expected to rise further toward the next round resistance level 1.9000.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
