GBPAUDOn the 4h, price has actually just broken down out of the halfway 'regression trend' line and broken out of an important level of up-trending support.
We are currently in a med-term + Long term phase of lower lows and lower highs so i expect this to continue as bears have defeated bullish trend line.
When market opens, I will enter short.
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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.