Libra Esterlina/Dólar AustralianoViés de baixa
GBPAUD about to fall
#GbpAud- False break could lead to a drop
Last week, GbpAud broke above the 1.9170-1.9200 resistance zone and reached a high of 1.94.
However, the pair couldn't hold gains and dropped again under this resistance.
Usually, false breaks lead to strong reversals and drop/rise to the next important level and, in this case, the next support at around 1.86, maybe even further down!
That being said, traders should look to sell around 1.92, and considering a stop loss above the recent high, a 1:3 risk: reward could be achieved.
Last week, GbpAud broke above the 1.9170-1.9200 resistance zone and reached a high of 1.94.
However, the pair couldn't hold gains and dropped again under this resistance.
Usually, false breaks lead to strong reversals and drop/rise to the next important level and, in this case, the next support at around 1.86, maybe even further down!
That being said, traders should look to sell around 1.92, and considering a stop loss above the recent high, a 1:3 risk: reward could be achieved.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.