1.Numerous reasons 2.Firstly making lower lows 3.clear down trend 4.The pound is weak 5. Break of key level 2.0000 6.Break of strong trend line 7.Bearish candles
Hi, I believe that it has completed a double zigzag and it'll go up only . . .
FXSpringbok
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Hi ARFXC. Do check this out on the daily/weekly charts? This pair is in a daily corrective down channel and may now be on its way up towards the upper trend line and then to breaking through it and start the 5th wave up to +-2.3000?
techfund
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i was under the same impression but there was divergence on daily and now australias unemployment shot up to 6% which will push the reserve bank to cut interest rates its an interest one
TradingFX1234
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back to winning ways !
MaximusPro
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What's your stop loss set at?
Nshan
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do i sell now ?
swisse1
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new low should be made if price respects Technicals
all the best