Sideways Trading. Short on Resistance.

2018年7月11日

GBPAUD is on a noticeable sideways trade within a 4H Rectangle (RSI = 54.788, ATR = 0.0076) within roughly 1.7740 - 1.7955. The neutral 1D technicals (RSI = 53.884, ADX = 17.374, Highs/Lows = 0) should now start applying selling pressure, so the action is short, TP = 1.7770.