Excellent Long-Term Hunting Opportunity in GBPAUD, Don't miss it

Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1.7455 to 1.7650), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (1.7455)
Ending of entry zone (1.7650)

Take Profits:
TP1= @1.7365
TP2= @1.7205
TP3= @1.7035
TP4= @1.6860
TP5= @1.6710
TP6= @1.6550
TP7= @1.6160
TP8= @1.5790
TP9= @1.4375
TP10= @Free

Technical analysis:
.A peak is formed in daily chart at 1.7720 on Thu, 01/25/2018, so more losses to support(s) 1.7365, 1.7205, 1.7035 and to more depths is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 49.
.Current short-term is range bound, but beginning of downtrend is expected.

Comentário:

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