The market is pulling back to the resistance zone.
GBPAUD
bounced off the resistance by forming impulse movement before. The market overall is in the range zone. Even though it broke and closed above the downward channel. I think it might go down to test support if the resistance rejects the price again. It might create a long-tailed bar at the resistance and upward trendline. I expect the market to pullback toward a strong resistance zone and then fall from it. My goal is to support 1.91690
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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