GBP/AUD Intraday Bearish
Morning Traders!
Yesterday we saw how the price broke a support level (1,7222). Price has retested the broken zone forming a double top formation.
Price is now breaking the bullish trend line to the downside. Wait for RSI to confirm the move.
I expect the price to reach the next support level at 1,7150.
Good Trading Traders!
Yesterday we saw how the price broke a support level (1,7222). Price has retested the broken zone forming a double top formation.
Price is now breaking the bullish trend line to the downside. Wait for RSI to confirm the move.
I expect the price to reach the next support level at 1,7150.
Good Trading Traders!
Note
RSI hasn't confirmed the move, so no trade yet.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.