1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GBPAUD Might Extend Its Recent Pullback

Discussion in 'Technical Analysis' started by Kaitlin, Dec 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,822
    Likes Received:
    0
    Even if the near-term descending trend-channel limited GBPAUD's further decline following the 200-day SMA break, the pair failed to close above its 38.2% Fibonacci Retracement of March – August rally and is eventually witnessing a pullback towards 2.0600 – 2.0580 support-zone re-test, comprising 200-day SMA and 50% Fibo. However, the[​IMG]

    Continue reading...
     

Share This Page