This pair have extended its gain yesterday to take stops and also touched the 0.7274 resistance. We initiated a sell yesterday which we later closed due to this move up, we are short again. Below 0.7250, we see more slide to the downside due to the preceding price action that occurred. The barrier we will watch out for are 0.7223, 0.7198 which is the structure and 0.7180 a break of these areas will open door for 0.7150. GLT Follow us on twitter @charts_247 for more info and updates
Comments
charts247
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Slowly by surely this pair is trading lower.
charts247
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AUDUSD Finally turning lower...more slide still expected
charts247
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AUDUSD still strugling to break below 0.7240. more slide is expected in the pair.