This is a long term outlook on GU. I'm expecting GU to touch the red downtrend line, if it breaks through I'm expecting it to reach the top of its current monthly key level zone around 1.49 From there it will move back down to around 1.34983 a previous low. Lastly going back up reaching the 38.2 fib level around 1.514 I'm expecting price to smash that wkly key level area and take GU into an uptrend.
This is my analysis of the pair to see how I am progressing in my understanding of forex while I work to become an #FxRegina.
Please use your own analysis.
This is my analysis of the pair to see how I am progressing in my understanding of forex while I work to become an #FxRegina.
Please use your own analysis.