• Sterling broke resistance level 1.3750
• Likely to reach resistance level 1.3900
Sterling today broke sharply above the pivotal resistance level 1.3750 (which stopped the three pervious waves (iii), (v) and (b) – as can be seen below).
The breakout of the resistance level 1.3750 accelerated the active short-term impulse wave 5 from the start of February.
Given the prevailing uptrend and strongly bearish USD sentiment seen today – the pair is likely to extend the gains toward the next resistance level 1.3900.
- NZDUSD broke key support 0.5600 - Likely to fall to support level 0.5500 NZDUSD…
- EURCHF reversed from resistance zone - Likely to fall to support level 0.9350 EURCHF…
The Canadian dollar may strengthen as the extended rally in USDCAD loses momentum. A corrective…
Despite the decline in the cryptocurrency market, three coins - BNB, XRP, and TRON -…
- USDCAD reversed from resistance zone - Likely to fall to support level 1.4400 USDCAD…
- AUDCAD reversed from resistance level 0.8980 - Likely to fall to support level 0.8900…
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