GBP/AUD May rise 100+pips
Insight: Price moving in an ascending channel just below resistance at 2.0355 Price is likely to continue upwards and hit resistance before reversing to support at 2.0163
Intraday - 4H
Trade: Buy
Entry
Buy or Above 2.0259
Target TP: 2.0355 & 2.0646
Pivot and Support 2.0163
Alternative scenario:
Trade: Sell
Buy or Above: 2.0163
Target TP: 2.0044 & 1.9948
Insight: Price moving in an ascending channel just below resistance at 2.0355 Price is likely to continue upwards and hit resistance before reversing to support at 2.0163
Intraday - 4H
Trade: Buy
Entry
Buy or Above 2.0259
Target TP: 2.0355 & 2.0646
Pivot and Support 2.0163
Alternative scenario:
Trade: Sell
Buy or Above: 2.0163
Target TP: 2.0044 & 1.9948
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.
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.