GBPAUD, H4 TECHNICAL ANALYSIS
The pair is in a strongly weekly support zone and this usually gives large wide swings on the lower time frames. The pair is showing a potential upside move on the 4 hour chart which will be confirmed by close of 4 hour candle above the blue horizontal line marked E. The immediate resistance zone/first target is around 1.92529 marked by R and and break and move beyond R will lead to the larger target around 1.94786 marked T
No comments:
Post a Comment