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USD/DKK 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GBP/AUD 4H Chart: Triangle Comment: GBP/AUD is now trading right at the apex of the symmetrical triangle. However, there is little certainty regarding the direction of a break-out, being that since summer the currency pair has been lacking a distinct trend. Still, considering that there is a bullish bias among the technical indicators and the spot price is above the long-term moving average, the risks are considered to be skewed to the upside. If the resistance trend-line at 2.1440 is broken,

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