GBP/AUD Technical Analysis: daily bullish ranging reversal
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, 05-04-2016 at 08:06 PM (869 Views)
D1 price broke Senkou Span line to above for the reversal of the price movement from the primary bearish to the ranging bullish market condition: the price is located tobe inside Ichimoku cloud for the 1.9446 resistance level to be started for the bulliush trend to be continuing.
Absolute Strength indicator is estimating the primary bullish trend, Trend Strength indicator is estimating the bullosh to be continuing in the future, and Chinkou Span line is evaluating the trend as the ranging bullish condition.