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samgeorgev
Jun 12, 2020 10:31 PM

GBPAUD Long Mid Term Long

British Pound/Australian DollarFXCM

Description

After a strong downtrend on the pair , we saw a trend line breakout followed by retest. We then see price making higher highs up to a strong support/resistance zone , making a pullback to the 61.8% Fibonacci on the current rally, combined with a doji candle rejection on a short term trend line recently formed.
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