GBPAUD: On Its Way To Support

2020-02-11 15:16:33

https://www.tradingview.com/x/i4F3su3v/

though many traders have already started buying gbpaud,
I believe that after a new higher high formation and test of the resistance of the rising channel
it may drop lower.

the first level on my radar is 1.91 support.
we have a perfect match of a structure on the left, 618 retracement of the last leg of a move and support of the rising channel.

this level gives a perfect swing trading opportunity for us.

we will see how it unfolds.
good luck!