GBP/AUD broke support area

GBP/AUD broke support area

  • GBP/AUD broke support area
  • Next sell target - 1.7200

GBP/AUD recently broke the support area lying at the intersection of the key support level 1.7600 (which has been reversing the price from the middle of February) and the 61.8% Fibonacci retracement of the previous sharp medium-term impulse wave (C) form the middle of January. GBP/AUD is expected to fall further toward the next sell target at next support level 1.7200. Strong resistance now stands at 1.7600.

Similar

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera