GBPAUD testing 1st support, potential for a bounce!

1 Haz 2021Price is testing 1st support, in line with 61.8% Fibonacci retracement and horizontal pullback support. We could potentially see a bounce and further rise up to test 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the ascending trendline and moving average support, in line with our bullish bias.

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