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stivmuiruri
Sep 20, 2019 9:25 AM

NEW RESISTANCE ZONE ABOUT TO FORM Long

British Pound/Australian DollarFXCM

Description

Both monthly, weekly and daily time frames show a breakout to the upside suggesting a bullish trend.According to my analysis a new definitive resistance zone is about to form. Therefore an upward trend to the previous resistance zone is a safe bet. I predict a buy signal to hit a take profit level of 1.888550 against a stop loss level zone of 1.82500

Trade closed: stop reached

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