GBP/AUD - 4 Confluences = Short?
GA will be very interesting pair for next weeks/months, on 1.98700 - 1.99000 level we have 4 confluences:
1. Long term channels resistance,
2. Short term channels resistance,
3. Monthly descending TL,
4. 61.8 fibonacci level!
It really shows that 1.98700 - 1.99000 resistance level is very, very strong! + it's brexit time, we need to see how price reacts at that level...
1. Long term channels resistance,
2. Short term channels resistance,
3. Monthly descending TL,
4. 61.8 fibonacci level!
It really shows that 1.98700 - 1.99000 resistance level is very, very strong! + it's brexit time, we need to see how price reacts at that level...
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