GBPAUD PLAN: 05/03/2018


The GBP/AUD pair is at critical level 1.8000 level and it is also right at a trend line.

The trend line may act as either bullish for correction or bearish if the price breaks down it.

To play safe, we can wait the valid of trendline by next candle. If the trend line is valid, we can buy and place target at previous high 1.8500.

Otherwise, if the trend line is not valid, we may sell and the target would be 1.7500


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