the5erstrading

Reversal opportunity GBPUSD 26/04/18

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is after a long downtrend, in this situation I'll prefer to wait

For reversal position opportunity, if the price will break out the resistance

Above it indicates the bearish momentum has changed to bullish , if that

Happens I'll look for P"A of buy position, my target will be the supply above.
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Comments

the chart is aud usd, the title relates to gbp usd. which one this forecast relates to?
Reply
@alexey-m, you right, thanks i'll fix it
Reply
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