Reversion from upper trendline, back to test the lower tendline.

FX:GBPAUD   British Pound / Australian Dollar
The pair has been moving in a channel pattern from the past two months. It has recently tested the upper trendline and has reverted back with the aim of testing the lower trendline . The expected target for the trade is at 1.81645. The Range of 1.84053 – 1.85157 is a strong resistance area for the pair. The stop loss for the trade will be at 1.85157.
Sep 30
Trade closed: target reached: cheers!!!!!


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