Wednesday, 29 January 2020

GBPAUD: Medium Term down, Long Term Bull? 29-Jan-2020

CMP: 1.9224; Res: 1.9355/1.9525; Sup: 1.8640

Long Term

Based on Daily chart, I expect to see another up move towards 1.9524-1.9717, 2,0191, 2.0854...

Short/Medium Term

As long as 1.9355/1.9525 resists, I expect to see a retest of 1.8640.
Further targets: 1.8471-1.8262.





If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.

No comments :

Post a Comment

Thanks for your Comment.
Arockia.