GBPAUD: Sell limit below the 38.2% retracement

Hey traders,

On the GBPAUD I want to place a sell stop below the 38.2% retracement and the resistance that has come at that point.

Cheers

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EDIT: Obviously meant sell stop, not sell limit..

Kommentera:

I'm still expecting the break to happen this week.

Handel aktiv

Kommentera:

Good move so far. Will probably find some support at 1.66750 area.

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Let's see if this previous support can turn into resistance