Hourly close above previous highs. Breakout buy- Almost at all-time lows, this is a continuation play.
June Futures contracts are trading at $21.32.
I believe this to be oversold.
Short Opportunity
Downtrend established. Price retraced into a zone where the previous zone turned from support into resistance. Also a Fibonacci 61.8
GBP fundamentals indicate a weakening economy. While AUD fundamentals aren't strong, they have contained the Coronavirus, which I imagine will do wonders for their economy.
