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sonicrmastery
Oct 6, 2017 6:08 AM

GBP/AUD Daily Update (6/10/17) Long

British Pound/Australian DollarFXCM

Description

Price has reached a critical support zone (1.68)

The recent high has broken the previous high and there could be a possibility that price wants to go up higher.

A nice bull candle would qualify for a good LRE trade.





Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with a post a comment if it reaches some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because i'm not monitoring this chart all time

Trade closed: target reached

Comments
MrPac
Hi Sonic, do you maintain your view on this pair to go higher with last friday bearish candlestick vs thursday cadlestick. Thanks
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