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GBPAUD Weekly Outlook - ranging condition waiting for direction

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by , 06-20-2016 at 03:20 AM (958 Views)
      
   
D1 price is located near Senkou Span line on the ranging condition waiting for direction:

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  • if the price breaks 1.9871 resistance level to above on close daily bar so the bullish trend will be resumed;
  • if the price breaks 1.9032 support level to below so the reversal of the price movement from the ranging bullish to the primary ebarish market condition will be started.

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