myronemoyo

myronemoyo Updated 

Looking at the chart the market OANDA:GBPAUD has created new short term highs - but returning to 1.7600 about 4 times as we see the price repeatedly getting rejected from that level. We look to see price move to the 200MA, although capped by the 100MA Looking for further cues as to whether 1.7600 will hold.

myronemoyo Updated 

Price Bounced off FX:GBPAUD 1.75920 (61.8 Fib - a nice weekly and daily level. Looking for a corrective move to the upside to about 1.7900 before a continuation to the downside. First post, been getting some great ideas from the community thought to share some of mine. Let me know your thoughts