Today's news release for the pounds pushed price down to clear yesterday's low before retracing higher to complete the London trend.
Currently, 4 hours time frame is bullish. But I am willing to risk selling from the newly created supply on the 45 minutes and 1 hour time frame.
RISK: 1%
REWARD: 5%
#LURE♟️
The Dollar is not showing any sign of weakness yet after breaking a significant supply zone.
I expect AU to continue the downtrend from the equilibrium of previous range.
I think there will be a sell or probably just a retracement on the resistance level. Price broke through the previous resistance level after some hours of attempts, so I'm pretty sure sellers won't give up their next zone easily.
