"GBPCAD: target reached. What to expect now?" by ThinkingAntsOk
Daily Chart Explanation:
- Price broke the Ascending Trendline.
- After that, it started a violent down move.
- Price reached our first target price at 1.6025.
- Bullish Divergence on MACD.
- Price may take a break here, in the Support Zone, and move towards the Resistance Zone at 1.66 before starting its new path.
Weekly Vision:
Updates coming soon!
- Price broke the Ascending Trendline.
- After that, it started a violent down move.
- Price reached our first target price at 1.6025.
- Bullish Divergence on MACD.
- Price may take a break here, in the Support Zone, and move towards the Resistance Zone at 1.66 before starting its new path.
Weekly Vision:
Updates coming soon!
