Looking at the chart the market
GBPAUD
has created new short term highs - but returning to 1.7600 about 4 times as we see the price repeatedly getting rejected from that level. We look to see price move to the 200MA, although capped by the 100MA
Looking for further cues as to whether 1.7600 will hold.
GBPAUD
has created new short term highs - but returning to 1.7600 about 4 times as we see the price repeatedly getting rejected from that level. We look to see price move to the 200MA, although capped by the 100MA Looking for further cues as to whether 1.7600 will hold.
Comentário:
Price broke below 1.7600 - Still within the demand zone...
Comentário:
Price is supported around the 1.7550 region. Seems to be holding just below 1.7600. Will either close later today or hold through to next week if price can break above 1.7600 and use as support
Comentário:
Still in it to win it...
Rejection wick on 4H. Closed at 1.76340
Bullish Bias