GBP/AUD Daily Update (03/12/16)

3 Scenario that can play out...

I am more inclined to the 1st or 2nd one base on trench analysis.

The reason why 1st scenario is not so supported because of the decline in volume.

2nd scenario gives us a "buy low" entry which is better.

Key Resistance
- 1.76

Key Support
- 1.7
- 1.67

Yorum:

+172 pips on the sell side for 2nd scenario.

SL @ BE , prepare to close and change side.

İşlem kapandı: hedefe ulaştı:

+86 pips close manually