Short Opportunity
Downtrend established. Price retraced into a zone where the previous zone turned from support into resistance. Also a Fibonacci 61.8
GBP fundamentals indicate a weakening economy. While AUD fundamentals aren't strong, they have contained the Coronavirus, which I imagine will do wonders for their economy.
Downtrend established. Price retraced into a zone where the previous zone turned from support into resistance. Also a Fibonacci 61.8
GBP fundamentals indicate a weakening economy. While AUD fundamentals aren't strong, they have contained the Coronavirus, which I imagine will do wonders for their economy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.