GBPAUD Short to 1.9450 area
Continuation of final impulse of Elliott wave pattern, further confluence added with completion of a H&S pattern
Last week finished with a fairly strong risk-on sentiment, I see that likely to continue with positive (as positive as it can be..!) news coming from AUD/NZD re Coronavirus
There is a demand zone sitting beneath current price so some strong bearish pressure required to break through.. If it does, hopefully there'll be a big price drop!
Last week finished with a fairly strong risk-on sentiment, I see that likely to continue with positive (as positive as it can be..!) news coming from AUD/NZD re Coronavirus
There is a demand zone sitting beneath current price so some strong bearish pressure required to break through.. If it does, hopefully there'll be a big price drop!
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