GBP/AUD Long Bias (11/12/17)
Structurally wise, it is bullish
support zone created at the 1.77 and previous resistance turn support at 1.75 zone.
Price could bounce from these support so do look out for potential momentum candle to take a buy position.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
support zone created at the 1.77 and previous resistance turn support at 1.75 zone.
Price could bounce from these support so do look out for potential momentum candle to take a buy position.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
Trade closed: stop reached