sixfxedup

GA to drop to support level

Short
sixfxedup Updated   
FX:GBPAUD   British Pound / Australian Dollar
9
COT puts G at a bear compared to A with small divergence but price likely to hit support level before news tomorrow
Comment:
PA sees the pair drop to the resistance just above POC. We will observe what happens at that level. Should price break 1.67008 with a convincing bear candle then we will ride the trend down but bear in mind the news for GBP on thursday.
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