Hidden False Break on GBP/AUD

Apr 08,2019 17:31   Source:Earnforex
The recent break of the 1.8457 support area on the Great Britain pound vs. Australian dollar has the trails of an unsustainable move for the bears. Long-term perspective The ascending trend that began on the debut of 2019, from 1.7213, looks as if it is over. Such a conclusion can be easily drawn after acknowledging the break of two obvious support lines, the confluence of which consolidate an important support area. These two lines are the support […]

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