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12 jan 2018 07:04

GBP/AUD Intraday Bearish Kort

British Pound/Australian DollarFXCM

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Morning Traders!

Yesterday we saw how the price broke a support level (1,7222). Price has retested the broken zone forming a double top formation.

Price is now breaking the bullish trend line to the downside. Wait for RSI to confirm the move.

I expect the price to reach the next support level at 1,7150.

Good Trading Traders!

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RSI hasn't confirmed the move, so no trade yet.

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