GBPAUD 1 HOUR LONG

8 thg 2, 2015

Recently each time there has been a flag pattern it was followed by an impulse move to the upside. another flag pattern just formed so we could advance to the upside which is also in confluence with some nice resistance turned support structure level. Scenario 2 is If price breaks this important support level then the next level i will be looking at to get long is at 1.93471. Target will be at the swing high. This also lines up with the fundamental because RBNZ is talking down its own currency which is very dovish.