GBPAUD- 5th wave | Marketfy

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GBPAUD- 5th wave

By Pro Act Traders — Author

Currently we are @ 1.7088 in a 5^th wave and the USDX is positive. Technically, the 5^th wave could be completed but the pair is showing no sign of being over yet. We are looking to continue initially to the R7 Resistance and top @ 1.7153 which might be the head of a head and shoulders pattern. A continuation here, look to the R8 @ 1.7410. The average daily true range (ATR) for the pair currently is 188 pips.

Posted to Introduction to Forex Targe… on Sep 27, 2017 — 8:09 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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