leihanx

GBPAUD Long Short-Term

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FX:GBPAUD   Libra Esterlina/Dólar Australiano
We see a major resistance and supply zone. Then the currency closed the week above and retested the resistance zone making it into a support zone. After a small movement in the bullish direction, we can expect a pullback. If it retests the zone, then it would be a strong indication for a buy. Remember, patience is key, and do not buy off the probability that it will breakout but instead wait for the retest to further validate the decision.
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