Technical analysis - Page 319

• Cotton broke support zone • Likely to reach support level 77.50 Cotton falling sharply inside the intermediate impulse wave (C), which previously broke the support zone lying between support level 83.0 (low of wave (A)) and the daily up.

• Copper broke support zone • Likely to reach support level 390.00 Copper recently broke the support zone lying between support level 401.4 (low of the previous minor correction (a)) and the 50% Fibonacci retracement of the upward impulse from.

• USDJPY reversed from support zone • Likely to reach resistance level 109.35 USDJPY currency pair recently reversed up from the key support level 108.40 (which stopped the previous minor corrective wave (iv) at the start of March). The upward.

• GBPCAD reversed from support zone • Likely to reach resistance level 1.7400 GBPCAD recently reversed up from the support zone lying between support level 1.7200 (which has been reversing the price from January) and the lower daily Bollinger Band..

• CHFJPY reversed from support zone • Likely to reach resistance level 117.00 CHFJPY today reversed up from the support zone lying between the key support level 116.20 (which has been steadily reversing this currency pair from the end of.

• WTI reversed from support zone • Likely to reach resistance level 63.10 WTI oil previously reversed up from the combined support zone lying at the intersection of the 50-day moving average, 50% Fibonacci correction of the upward impulse from.

• NZDCAD falling inside sharp impulse wave 3 • Likely to reach support level 0.8635 NZDCAD continues to fall inside the sharp impulse wave 3 which started earlier from the resistance zone lying between the resistance level 0.900 (former support.

• Boeing reversed from support zone • Likely to reach resistance level 266.00 Boeing recently reversed up from the support zone lying between the powerful support level 242.00 (former multi-month resistance from December), upper trendline of the daily up channel.

• AUDCHF reversed from support area • Likely to rise to resistance level 0.7225 AUDCHF recently reversed up with the daily Hammer from the support area located between the support level 0.7100, lower daily Bollinger Band and the 50% Fibonacci.

• Soy reversed from support area • Likely to rise to resistance level 1450.00 Soy recently reversed up from the support zone set between the support level 1390.00 (former resistance from February – which stopped earlier waves 4, (ii) and.

• NZDUSD broke support area • Likely to test support level 0.7000 NZDUSD recently broke the support area lying at the intersection of the support level 0.7100 and the 38.2% Fibonacci correction of the pervious upward impulse from the middle.

• Adobe broke resistance zone • Likely to rise to resistance level 480.00 Adobe recently broke the resistance zone lying between the resistance level 454.00 (former strong support from January and February – which stopped the pervious correction (a) at.