FOREXEL
Long

Re-test of breakout zone

FX:GBPAUD   British Pound / Australian Dollar
79 2 0
Very interesting price action on the daily where the price is just re-testing the breakout of both the horizontal supply zone line and inner trendline . If this breakout holds then I will plot an upside target on the weekly (if I havent already) and post it separately. Right now I will keep a close watch on it first.
This trade would go hand in hand with my GBPNZD             long trade if this critical zone holds. If not then I will have to wait for the pulback to complete for another entry.
Spot on
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Inner trend line holding
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