LuisFXTraderMx

GBPAUD Divergence and likely pull back

Short
LuisFXTraderMx Updated   
FX:GBPAUD   British Pound / Australian Dollar
1
We note in this analysis, as the price loses its upward momentum at a given time together with the visible divergence in the MACD as well as the consequent rupture of the dynamic line, bearish momentum could start to look important short entries for at least 40 pips
Comment:
Close with a profit of about 90 pips and wait for the next extension
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