GBPAUD short
Updated
Price rejected at the 38.2fib after a pullback confirming the continuation of the strong downward movement.
Target1: 1.68195
Target2: 1.67266 (Nice break of the weekly and pass Target 1 will see our Traget 2 likely to be seen)
Traget3: 1.66125
Extended Target1: 1.65027
Target2: 163742
If the weekly level holds price and reverses we looking to see the upper trendline with price reaching
around 1.70385 level then we take it from there.
Target1: 1.68195
Target2: 1.67266 (Nice break of the weekly and pass Target 1 will see our Traget 2 likely to be seen)
Traget3: 1.66125
Extended Target1: 1.65027
Target2: 163742
If the weekly level holds price and reverses we looking to see the upper trendline with price reaching
around 1.70385 level then we take it from there.
Note
Price got held at weekly level as anticipated and broke through a 1.69610 area we price has been held from the downside. Now we more likely to see thr upside traget 1.70385 and ext. target 1.71571
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