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GBPAUD Final Test,
The chart of GBPAUD is first of all oversold; then, it has been pricing between MA100 and MA200 since March and now the reaction we are getting is getting out of MAs squeeze. Finally, it is testing the downward yearly resistance that encompasses 18155 as reading.
A close above 18155 will put an end to the downward wave and start a recovery testing first last month high. If such close materializes today, then the risk scenario is set below last week low.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
GBPAUD Final Test,
The chart of GBPAUD is first of all oversold; then, it has been pricing between MA100 and MA200 since March and now the reaction we are getting is getting out of MAs squeeze. Finally, it is testing the downward yearly resistance that encompasses 18155 as reading.
A close above 18155 will put an end to the downward wave and start a recovery testing first last month high. If such close materializes today, then the risk scenario is set below last week low.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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