PipsrusX

GBPAUD retracement to maybe short!!

Kort
FX:GBPAUD   Brittiska pund/Australiensiska dollar
with the daily closure rejecting the weekly and monthy. and the overall weekly and monthly price action clearly recommending a bearish trend continuation after liquidation, bears are in control, well overall.

then again price does not move in a a straight line, thus retracements and pullbacks

in this case, i would anticipate a pullback possible to the point which wold invalidate a bear trend on intraday basis ie 1.8224 ish area. rejecting that level would confirm bearish continuation to the next monthly support 1.8090, and evenutally 1.8 and more
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.