GBPAUD Weekly Outlook - ranging condition waiting for direction
by
, 06-20-2016 at 03:20 AM (970 Views)
D1 price is located near Senkou Span line on the ranging condition waiting for direction:
- 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.