Technical analysis - Page 304

• EURCAD broke resistance area • Likely to rise to 1.5815 EURCAD recently broke above the resistance area lying between the key resistance level 1.5660 and 1.5700 (monthly highs from October and September respectively). The breakout of this resistance area.

• USDJPY reversed from support level 103.20 • Likely to rise to resistance level 104.60 USDJPY recently reversed up from the powerful support level 103.20 (which stopped the previous sharp downtrend with the daily Morning Star at the start of.

• Cotton reversed from resistance area • Likely to fall to 73.40 Cotton recently reversed down sharply from the resistance area lying between the resistance trendline of the daily up channel from March and the upper daily Bollinger Band. The.

• CADJPY broke daily up channel • Likely to fall to 80,00 CADJPY continues to fall after the price reversed down from the powerful resistance level 82.00 standing close to the upper daily Bollinger Band. The price earlier broke the.

• EURNZD broke resistance level 1.7240 • Likely to rise to 1,7435 EURNZD continues to rise after the price broke the key resistance level 1.7240 (top of the earleir wave (i)) – which accelerated the active minor impulse wave 1..

• EURAUD reversed from support level 1,6025 • Likely to rise to 1,6370 EURAUD recently reversed up from the long-term support level 1,6025 (which has been reversing the price from the middle of 2019 – intersecting with the lower weekly.

• Soy rising inside impulse waves (iii) and 5 • Likely to rise to 1250,00 Soy continues to rise inside the sharp upward impulse waves (iii) and 5 which were accelerated previously – when the price broke above the key.

• AUDCHF reversed from long-term resistance level 0.6740 • Likely to fall to 0.6700 AUDCHF recently reversed down from the strong long-term resistance level 0.6740 (former multi-month resistance from May). The resistance area near the resistance level 0.6740 was further.

• Soy broke powerful resistance level 1200.00 • Likely to rise to 1225.00 Soy recently broke above the powerful resistance level 1200.00 (which stopped the sharp uptrend at the end of November, as can be seen below). The breakout of.

• GBPJPY reversed from pivotal resistance level 140.00 • Likely to fall to 137.65 GBPJPY today reversed down once again from the pivotal resistance level 140.00 (which has reversed down all upward waves from November as can be seen below)..

• EURJPY reversed from key resistance level 127.00 • Likely to fall to 125.800 EURJPY recently reversed down from the key resistance level 127.00 (which stopped the previous sharp uptrend at the start of September) standing near the upper daily.

• Silver reversed from resistance level 25.90 • Likely to fall to 25.00 Silver recently reversed down exactly from the key resistance level 25.90 (former monthly high from November, which stopped the previous impulse wave 1) – intersecting with the.