GBP/AUD Daily Update (03/12/16)
3 Scenario that can play out...
I am more inclined to the 1st or 2nd one base on trench analysis.
The reason why 1st scenario is not so supported because of the decline in volume.
2nd scenario gives us a "buy low" entry which is better.
Key Resistance
- 1.76
Key Support
- 1.7
- 1.67
I am more inclined to the 1st or 2nd one base on trench analysis.
The reason why 1st scenario is not so supported because of the decline in volume.
2nd scenario gives us a "buy low" entry which is better.
Key Resistance
- 1.76
Key Support
- 1.7
- 1.67
Trade closed: target reached:
+86 pips close manually
SL @ BE , prepare to close and change side.