Waiting for the bounce before the possible bearish slide of this pair if not by Friday, by next week, based on price action from the weekly chart as well as the bearish effect on most AUD pairs in general due to recent USD strength from rising US yields and general hawkishness of the Fed. Setting up sell stop order @0.74069 with TP near the weekly trendline support @0.731 and SL just a few pips above this week's resistance @0.746.
www.poundsterlingliv...me-are-still-bullish
www.fxstreet.com/new...18-lows-201804251408
www.forexlive.com/te...-07500-eyed-20180425
Daily:
Weekly:
Confidence: B (risk of getting whipsawed, better to enter this trade after Personal Consumption & GDP news on Friday)
www.poundsterlingliv...me-are-still-bullish
www.fxstreet.com/new...18-lows-201804251408
www.forexlive.com/te...-07500-eyed-20180425
Daily:
Weekly:
Confidence: B (risk of getting whipsawed, better to enter this trade after Personal Consumption & GDP news on Friday)
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