GBPAUD – Bears hasn't react yet, so daily analysis will show us if sellers are ready to react very strong
Trend: Strong Buy
Support/Resistance:
R4: 1.97145
R3: 1.94481
R2: 1.90087
R1: 1.88622
S1: 0.86416
S2: 0.84203
Price action:
This currency pair is currently is strong trending, which is headed to new higher highs. Gbp currency recover from fundamental reasons. Tehnically has to confirm resistance level at 1.88622 to hold above and continue to Higher High level at 1.90087. If buyers will show their performance much stonger, then we might see all target levels.
Potencial trade idea:
Bulls targets:
T1: 1.90087
T2: 1.94481
T2: 1.97145
NOTE – We are trading GBPAUD via the preferred trading setups by EliteFxAcademy
Trend: Strong Buy
Support/Resistance:
R4: 1.97145
R3: 1.94481
R2: 1.90087
R1: 1.88622
S1: 0.86416
S2: 0.84203
Price action:
This currency pair is currently is strong trending, which is headed to new higher highs. Gbp currency recover from fundamental reasons. Tehnically has to confirm resistance level at 1.88622 to hold above and continue to Higher High level at 1.90087. If buyers will show their performance much stonger, then we might see all target levels.
Potencial trade idea:
Bulls targets:
T1: 1.90087
T2: 1.94481
T2: 1.97145
NOTE – We are trading GBPAUD via the preferred trading setups by EliteFxAcademy